Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Bloomington, MN. 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 June 2024, Parent Booster USA Inc reported income of $110k and spending of $81k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $63k to $110k (+74%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 82% 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 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include Somerville Music Boosters Inc ($110k), Hermantown Parent Teacher Organization ($110k) and Southwest Electrical Apprenticeship Program ($110k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 79% of the total. At year end it held assets of $106k against liabilities of $6,001, net assets of $100k.