Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Knoxville, TN. 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 $74k and spending of $89k, spending 120% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $134k to $74k (-45%), an average of -44% a year. The sharpest change came in the year to June 2024, when income dropped by 45%. Over the whole period it spent 89% 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 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include West Bradford Homes and School Association ($74k), Forrestville Valley-Athletic Booster Club ($74k) and Manual High School Alumni Association Scholarship Fund Trust ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 2.2% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.