Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in October 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 July 2024, Parent Booster USA Inc reported income of $163k and spending of $178k, spending 110% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $85k to $163k (+90%), an average of +38% a year. The sharpest change came in the year to July 2024, when income rose by 127%. Over the whole period it spent 111% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Philadelphia Furniture Workshop ($163k), Getwitit Inc ($163k) and Alfred Box of Books Library ($163k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. At year end it held assets of $27k against liabilities of $900, net assets of $26k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.