Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Parent Booster USA Inc reported income of $84k and spending of $73k, spending 86% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $44k to $84k (+90%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Booster USA Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Tulare Volunteer Bureau ($84k), District 49a Lions Foundation Inc ($84k) and Minnesota Valley Antique Farm Power and Machinery Association ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 30% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.