Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Luray, VA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 $54k and spending of $54k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $43k to $54k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Booster USA Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include North Torrance Youth Musicians Ensemble ($54k), Michigan State University Orangecounty Alumni Club Inc ($54k) and Patrons of the East Baton Rouge Parish Public Library ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 10.0% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.