Lets Beehive Inc

Analysis

Lets Beehive Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lets Beehive Inc reported income of $103k and spending of $144k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $103k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lets Beehive Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Windsong Elementary PTO ($103k), Maryland Bar Foundation Inc ($103k) and Advocate for Truck Safety and Safety Laws Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $165, net assets of $13k.