Honeybee Tennessee

Analysis

Honeybee Tennessee is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Honeybee Tennessee reported income of $204k and spending of $80k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $204k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Honeybee Tennessee sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Variety the Childrens Charity of Illinois ($204k), Richland East Inc ($204k) and William G Hatch Charitable Trust ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $33k. At year end it held assets of $277k against liabilities of $2,335, net assets of $275k. It reported 1 employees.