Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Lutz, FL. 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 $661k and spending of $717k, spending 109% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $177k to $661k (+273%), an average of +93% a year. The sharpest change came in the year to June 2024, when income rose by 98%. Over the whole period it spent 100% 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 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include International Council for Small Business ($661k), Junior League of the Woodlands Inc ($661k) and St Charles Hospital Foundation ($661k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 4.0% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.