Crary Hose Company
EIN: 232022366 · Westfield, PA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $742K |
| Total Expenses | $141K |
| Net Assets | $490K |
Is Crary Hose Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Crary Hose Company
Crary Hose Company (EIN: 232022366) is a nonprofit organization based in Westfield, PA, classified under NTEE code M24. The organization reported total revenue of $742K and total assets of $833K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crary Hose Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crary Hose Company is a small nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $141K |
| Surplus / Deficit | +$22K |
| Total Assets | $548K |
| Total Liabilities | $58K |
| Net Assets | $490K |
| Operating Margin | 13.5% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 46.5 months |
Financial Health Grade: A
In 2024, Crary Hose Company reported a surplus of $22K with revenue exceeding expenses, holds 46.5 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 5 years of filings (2020–2024), Crary Hose Company's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.0% | -43.0% | +15.3% |
| 2023 | -14.4% | +35.8% | -17.9% |
| 2022 | -35.9% | -8.5% | -0.8% |
| 2021 | +244.6% | +106.1% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Crary Hose Company has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Crary Hose Company with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.5%.
Frequently Asked Questions about Crary Hose Company
Is Crary Hose Company a legitimate charity?
Based on AI analysis of IRS 990 filings, Crary Hose Company (EIN: 232022366) insufficient data. 0 red flags identified, 0 strengths noted.
How does Crary Hose Company spend its money?
Detailed spending breakdown data is not yet available for Crary Hose Company. Check back for updated IRS 990 analysis.
Are donations to Crary Hose Company tax-deductible?
Crary Hose Company is registered as a tax-exempt nonprofit (EIN: 232022366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Crary Hose Company located?
Crary Hose Company is headquartered in Westfield, Pennsylvania and files with the IRS under EIN 232022366. It is classified under NTEE code M24.
How many years of IRS 990 filings does Crary Hose Company have?
Crary Hose Company has 5 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 $742K in total revenue.
Filing History
IRS 990 filing history for Crary Hose Company showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Crary Hose Company's revenue has grown by 66.4%, moving from $98K to $164K. Total assets increased by 13.9% over the same period, from $481K to $548K. Total functional expenses rose by 45.9%, from $97K to $141K. In its most recent filing year (2024), Crary Hose Company reported a surplus of $22K, with revenue exceeding expenses. The organization holds $58K in liabilities against $548K in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $490K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $164K | $141K | $548K | $58K | — | — |
| 2023 | $186K | $248K | $475K | $7K | — | View 990 |
| 2022 | $217K | $183K | $578K | $48K | — | View 990 |
| 2021 | $339K | $200K | $583K | $87K | — | View 990 |
| 2020 | $98K | $97K | $481K | $124K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $164K, expenses of $141K, and assets of $548K (revenue -12.0% year-over-year).
- 2023: Revenue of $186K, expenses of $248K, and assets of $475K (revenue -14.4% year-over-year).
- 2022: Revenue of $217K, expenses of $183K, and assets of $578K (revenue -35.9% year-over-year).
- 2021: Revenue of $339K, expenses of $200K, and assets of $583K (revenue +244.6% year-over-year).
- 2020: Revenue of $98K, expenses of $97K, and assets of $481K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crary Hose Company:
Data Sources and Methodology
This transparency report for Crary Hose Company 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.