Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Flower Mound, TX. 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 May 2024, Parent Booster USA Inc reported income of $68k and spending of $78k, spending 115% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $82k to $68k (-17%), an average of -17% a year. The sharpest change came in the year to May 2024, when income dropped by 17%. Over the whole period it spent 102% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Harry Slimmer Scholarship Fund ($68k), Knights Music Boosters Inc ($68k) and Lexington Athletic Association ($68k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 17% and program service revenue 47% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.