Hively

Analysis

Hively is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in May 1977, 49 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 June 2023, Hively reported income of $34.9m and spending of $34.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.7m to $34.9m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hively sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include West Texas Opportunities ($34.9m), American Farmland Trust ($34.9m) and Second Harvest of South Georgia Inc ($34.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $262k (0.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $9.5m against liabilities of $6.8m, net assets of $2.7m. It reported 71 employees.