Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. 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 $252k and spending of $38k, leaving 85% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $78k to $252k (+224%), an average of +80% a year. The sharpest change came in the year to June 2024, when income rose by 291%. Over the whole period it spent 168% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Booster USA Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Cheyenne American Legion Post Baseball Club Inc ($252k), Little League Baseball Inc ($252k) and National Watercolor Society ($252k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $194k against liabilities of $421k, net assets of -$227k.