Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Austin, 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 December 2023, Parent Booster USA Inc reported income of $255k and spending of $262k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $208k to $255k (+23%), an average of +11% a year. 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Young Scientist Academy ($255k), Seniors on a Mission Inc ($255k) and Minnesota Teachers of English to Speakers of Other Languages ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.8% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.

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.