Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Costa Mesa, 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 December 2023, Parent Booster USA Inc reported income of $937k and spending of $1.2m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $556k to $937k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 109% 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 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include High Desert Christian Academy ($937k), Student Association of the State University of N Y at Fredonia ($937k) and The Library of Virginia Foundation ($937k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $586k. At year end it held assets of $206k against liabilities of $532k, net assets of -$326k.

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.