Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Clinton, MS. 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 May 2024, Parent Booster USA Inc reported income of $75k and spending of $113k, spending 150% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $132k to $75k (-43%), an average of -43% a year. The sharpest change came in the year to May 2024, when income dropped by 43%. Over the whole period it spent 116% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MS. Charities of a similar size with the same main cause include Association of Diabetes Care & Education Specialists Foundation ($75k), Frank Phillips College Development Corporation ($75k) and Southern California Council of Chinese Schools ($75k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.