Camel Hair And Cashmere Institute Of America Inc
Camel Hair And Cashmere Institute Of America Inc consistently operates with a surplus and zero liabilities, indicating strong financial management.
EIN: 133221743 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $702K |
| Total Expenses | $589K |
| Program Spending | 80% |
| Net Assets | $672K |
| Transparency Score | 85/100 |
Is Camel Hair And Cashmere Institute Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camel Hair And Cashmere Institute Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camel Hair And Cashmere Institute Of America Inc
Camel Hair And Cashmere Institute Of America Inc (EIN: 133221743) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $702K and total assets of $825K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camel Hair And Cashmere Institute Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Camel Hair And Cashmere Institute Of America Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $751K |
| Total Expenses | $589K |
| Surplus / Deficit | +$162K |
| Total Assets | $672K |
| Net Assets | $672K |
| Operating Margin | 21.6% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Camel Hair And Cashmere Institute Of America Inc reported a surplus of $162K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Camel Hair And Cashmere Institute Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.3% | +80.7% | +31.9% |
| 2022 | -46.0% | -44.1% | +7.7% |
| 2021 | +174.6% | +138.4% | +22.5% |
| 2020 | -43.3% | -33.4% | -0.1% |
| 2019 | -4.9% | -8.7% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camel Hair And Cashmere Institute Of America Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Camel Hair And Cashmere Institute Of America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $162K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive roles are not compensated, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Camel Hair And Cashmere Institute Of America Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Camel Hair And Cashmere Institute Of America Inc:
- Consistent operating surplus, with revenue exceeding expenses in most periods (e.g., $751,272 revenue vs. $589,327 expenses in 202312).
- Zero liabilities reported across all filing periods, indicating excellent financial stability and risk management.
- No officer compensation reported in any filing, suggesting highly efficient use of funds and potentially volunteer leadership.
- Steady growth in assets over the past decade, from $175,092 in 201412 to $672,026 in 202312, building financial reserves.
Frequently Asked Questions about Camel Hair And Cashmere Institute Of America Inc
Is Camel Hair And Cashmere Institute Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Camel Hair And Cashmere Institute Of America Inc (EIN: 133221743) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Camel Hair And Cashmere Institute Of America Inc spend its money?
Camel Hair And Cashmere Institute Of America Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camel Hair And Cashmere Institute Of America Inc tax-deductible?
Camel Hair And Cashmere Institute Of America Inc is registered as a tax-exempt nonprofit (EIN: 133221743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Camel Hair And Cashmere Institute Of America Inc's spending goes to programs?
Camel Hair And Cashmere Institute Of America Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Camel Hair And Cashmere Institute Of America Inc located?
Camel Hair And Cashmere Institute Of America Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 133221743.
How many years of IRS 990 filings does Camel Hair And Cashmere Institute Of America Inc have?
Camel Hair And Cashmere Institute Of America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $702K in total revenue.
Is Camel Hair And Cashmere Institute Of America Inc a good charity?
Based on its financial data, the organization appears to be well-managed. It consistently operates with a surplus, has zero liabilities, and reports no officer compensation, all of which are positive indicators of financial health and efficiency.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets, from $175,092 in 201412 to $672,026 in 202312, while maintaining zero liabilities. Revenue and expenses have fluctuated but generally show a healthy operating surplus in most years.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership either volunteers their time or is compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.
Filing History
IRS 990 filing history for Camel Hair And Cashmere Institute Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camel Hair And Cashmere Institute Of America Inc's revenue has grown by 48%, moving from $508K to $751K. Total assets increased by 386.3% over the same period, from $138K to $672K. Total functional expenses rose by 6.4%, from $554K to $589K. In its most recent filing year (2023), Camel Hair And Cashmere Institute Of America Inc reported a surplus of $162K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $751K | $589K | $672K | $0 | — | — |
| 2022 | $362K | $326K | $510K | $0 | — | View 990 |
| 2021 | $671K | $584K | $473K | $0 | — | View 990 |
| 2020 | $244K | $245K | $386K | $0 | — | View 990 |
| 2019 | $431K | $367K | $387K | $0 | — | — |
| 2018 | $453K | $402K | $323K | $0 | — | View 990 |
| 2017 | $361K | $338K | $272K | $0 | — | View 990 |
| 2016 | $506K | $476K | $249K | $0 | — | View 990 |
| 2015 | $466K | $423K | $219K | $0 | — | View 990 |
| 2014 | $508K | $486K | $175K | $0 | — | View 990 |
| 2013 | $490K | $443K | $153K | $0 | — | View 990 |
| 2012 | $543K | $571K | $106K | $0 | — | View 990 |
| 2011 | $508K | $554K | $138K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $751K, expenses of $589K, and assets of $672K (revenue +107.3% year-over-year).
- 2022: Revenue of $362K, expenses of $326K, and assets of $510K (revenue -46.0% year-over-year).
- 2021: Revenue of $671K, expenses of $584K, and assets of $473K (revenue +174.6% year-over-year).
- 2020: Revenue of $244K, expenses of $245K, and assets of $386K (revenue -43.3% year-over-year).
- 2019: Revenue of $431K, expenses of $367K, and assets of $387K (revenue -4.9% year-over-year).
- 2018: Revenue of $453K, expenses of $402K, and assets of $323K (revenue +25.4% year-over-year).
- 2017: Revenue of $361K, expenses of $338K, and assets of $272K (revenue -28.6% year-over-year).
- 2016: Revenue of $506K, expenses of $476K, and assets of $249K (revenue +8.6% year-over-year).
- 2015: Revenue of $466K, expenses of $423K, and assets of $219K (revenue -8.3% year-over-year).
- 2014: Revenue of $508K, expenses of $486K, and assets of $175K (revenue +3.7% year-over-year).
- 2013: Revenue of $490K, expenses of $443K, and assets of $153K (revenue -9.7% year-over-year).
- 2012: Revenue of $543K, expenses of $571K, and assets of $106K (revenue +6.9% year-over-year).
- 2011: Revenue of $508K, expenses of $554K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Camel Hair And Cashmere Institute Of America Inc:
Data Sources and Methodology
This transparency report for Camel Hair And Cashmere Institute Of America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.