Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Houston, TX. 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 $131k and spending of $149k, spending 114% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income grew from $90k to $131k (+46%), an average of +21% a year. The sharpest change came in the year to May 2024, when income rose by 30%. Over the whole period it spent 109% 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 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Salmon River Rural Fire Dept NC ($131k), Phoenix House Inc ($131k) and Season Builder Foundation ($131k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 28% and program service revenue 41% of the total. At year end it held assets of $160k against liabilities of $26k, net assets of $134k.