Household & Commerical Products Association Inc
Household & Commercial Products Association Inc maintains stable operations but frequently reports liabilities exceeding assets.
EIN: 131084295 · Washington, DC · Updated: 2026-03-28
Is Household & Commerical Products Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Household & Commerical Products Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Household & Commerical Products Association Inc
Household & Commerical Products Association Inc (EIN: 131084295) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $7.5M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Household & Commerical Products Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Household & Commerical Products Association Inc is a mid-size nonprofit that has been operating for 51 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $7.6M |
| Surplus / Deficit | +$21K |
| Total Assets | $12.1M |
| Total Liabilities | $12.8M |
| Net Assets | $-686,598 |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 105.7% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, Household & Commerical Products Association Inc reported a surplus of $21K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 105.7% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Household & Commerical Products Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | -0.1% | -6.2% |
| 2022 | +19.3% | +20.0% | +30.0% |
| 2021 | +3.1% | +1.1% | +12.4% |
| 2020 | -5.6% | -16.9% | +0.2% |
| 2019 | +4.5% | +12.7% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
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 Household & Commerical Products Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Household & Commerical Products Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 105.7%.
Executive Compensation Analysis
The consistent reporting of 'Officer Comp=0%' across all available filings suggests that executive compensation is either not reported in this specific field or is structured in a way that it does not appear as direct officer compensation, which limits transparency regarding how leadership is compensated relative to the organization's $7.4 million in annual revenue.
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 Household & Commerical Products Association Inc's IRS 990 filings:
- Liabilities frequently exceed assets, indicating potential financial strain or significant deferred obligations (e.g., $12.8M liabilities vs. $12.1M assets in 2023).
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering assessment of spending efficiency.
- Consistent 'Officer Comp=0%' without further explanation, which may obscure actual executive compensation practices.
Strengths
The following positive indicators were identified for Household & Commerical Products Association Inc:
- Consistent revenue generation, typically between $6-7 million annually, indicating stable operational funding.
- Maintains a substantial asset base, currently $11,711,447, providing a degree of financial stability.
- Generally operates close to break-even, with expenses closely matching revenue, suggesting sound budget management.
Frequently Asked Questions about Household & Commerical Products Association Inc
Is Household & Commerical Products Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Household & Commerical Products Association Inc (EIN: 131084295) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Household & Commerical Products Association Inc spend its money?
Household & Commerical Products Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Household & Commerical Products Association Inc tax-deductible?
Household & Commerical Products Association Inc is registered as a tax-exempt nonprofit (EIN: 131084295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do liabilities frequently exceed assets for HCPA?
The filings show that liabilities have exceeded assets in multiple recent periods (e.g., 2023, 2022, 2021, 2020). This could indicate significant deferred revenue, long-term debt, or other financial obligations that warrant further investigation into the organization's balance sheet.
What is the breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed functional expense breakdown. Without this information, it is difficult to assess the organization's spending efficiency and how much of its budget is directly allocated to its mission-related activities versus overhead.
How is executive compensation handled if 'Officer Comp=0%' is consistently reported?
The consistent 'Officer Comp=0%' suggests that executive compensation might be reported under other expense categories, paid through a related entity, or that the specific field in the summary data does not capture the full picture. This lack of direct reporting reduces transparency.
Has the organization experienced significant financial growth or decline?
Over the past decade, HCPA's revenue has generally remained stable, fluctuating between approximately $5.9 million and $7.6 million, indicating consistent operational scale rather than significant growth or decline.
Filing History
IRS 990 filing history for Household & Commerical Products Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Household & Commerical Products Association Inc's revenue has grown by 46.2%, moving from $5.2M to $7.6M. Total assets increased by 59.3% over the same period, from $7.6M to $12.1M. Total functional expenses rose by 46%, from $5.2M to $7.6M. In its most recent filing year (2023), Household & Commerical Products Association Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $12.8M in liabilities against $12.1M in assets (debt-to-asset ratio: 105.7%), resulting in net assets of $-686,598.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.6M | $7.6M | $12.1M | $12.8M | — | — |
| 2022 | $7.7M | $7.6M | $12.9M | $13.7M | — | View 990 |
| 2021 | $6.4M | $6.3M | $10.0M | $10.5M | — | View 990 |
| 2020 | $6.2M | $6.3M | $8.9M | $9.6M | — | View 990 |
| 2019 | $6.6M | $7.5M | $8.8M | $9.4M | — | View 990 |
| 2018 | $6.3M | $6.7M | $10.7M | $10.4M | — | View 990 |
| 2017 | $6.1M | $7.4M | $11.6M | $10.9M | — | View 990 |
| 2016 | $6.2M | $6.9M | $13.1M | $11.0M | — | View 990 |
| 2015 | $5.9M | $6.0M | $14.0M | $11.2M | — | View 990 |
| 2014 | $5.9M | $6.0M | $13.2M | $10.3M | — | View 990 |
| 2013 | $5.9M | $5.7M | $11.4M | $8.4M | — | View 990 |
| 2012 | $5.6M | $5.5M | $11.4M | $8.4M | — | View 990 |
| 2011 | $5.4M | $5.5M | $8.8M | $5.9M | — | View 990 |
| 2010 | $5.2M | $5.2M | $7.6M | $4.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.6M, expenses of $7.6M, and assets of $12.1M (revenue -0.9% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.6M, and assets of $12.9M (revenue +19.3% year-over-year).
- 2021: Revenue of $6.4M, expenses of $6.3M, and assets of $10.0M (revenue +3.1% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.3M, and assets of $8.9M (revenue -5.6% year-over-year).
- 2019: Revenue of $6.6M, expenses of $7.5M, and assets of $8.8M (revenue +4.5% year-over-year).
- 2018: Revenue of $6.3M, expenses of $6.7M, and assets of $10.7M (revenue +4.1% year-over-year).
- 2017: Revenue of $6.1M, expenses of $7.4M, and assets of $11.6M (revenue -1.3% year-over-year).
- 2016: Revenue of $6.2M, expenses of $6.9M, and assets of $13.1M (revenue +3.9% year-over-year).
- 2015: Revenue of $5.9M, expenses of $6.0M, and assets of $14.0M (revenue +0.3% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.0M, and assets of $13.2M (revenue +1.0% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.7M, and assets of $11.4M (revenue +5.4% year-over-year).
- 2012: Revenue of $5.6M, expenses of $5.5M, and assets of $11.4M (revenue +3.7% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.5M, and assets of $8.8M (revenue +2.9% year-over-year).
- 2010: Revenue of $5.2M, expenses of $5.2M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Household & Commerical Products Association Inc:
Data Sources and Methodology
This transparency report for Household & Commerical Products Association 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.