Beehive International Inc
Analysis
Beehive International Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beehive International Inc reported income of $79k and spending of $52k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $199k to $79k (-60%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beehive International Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Mills River Life Enrichment Center ($79k), Conscious Educators Inc ($79k) and Yellowstone Family ($78k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 69% of the total. At year end it held assets of $218k against liabilities of $111k, net assets of $107k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mills River Life Enrichment Center | Mills River | $79k |
| Conscious Educators Inc | Santa Cruz | $79k |
| Yellowstone Family | Huntley | $78k |
| Hope Shop | Elizabeth | $79k |