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Beehive International Inc

RegisteredEIN 80-0548166Westminster, MDPoverty relief
Income$79k2023-12
Spending$52ksame year
Spent / received92%4-year average
Size in its cause27th pctPoverty relief
Exempt since2010Publicly supported organisat
Employees–latest return

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

$0$56k$113k$169k$226k2019 Income: $198,7002019 Spending: $225,73220192020 Income: $207,2572020 Spending: $216,83720202022 Income: $80,6242022 Spending: $25,29920222023 Income: $78,5082023 Spending: $51,7822023
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 62%

Similar-sized charities, same cause

CharityLocationIncome
Mills River Life Enrichment CenterMills River$79k
Conscious Educators IncSanta Cruz$79k
Yellowstone FamilyHuntley$78k
Hope ShopElizabeth$79k