Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Grapevine, 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 July 2024, Parent Booster USA Inc reported income of $77k and spending of $44k, leaving 42% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $3,189 to $77k (+2315%), an average of +391% a year. The sharpest change came in the year to July 2023, when income rose by 1868%. Over the whole period it spent 88% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Adrian Optimist Community Betterment Foundation Inc ($77k), Pampa Community Concert Association Inc ($77k) and Renaissance Wives Club Inc Child Development Center ($77k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 1.9% and program service revenue 16% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.