Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Lenoir, NC. 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 January 2024, Parent Booster USA Inc reported income of $82k and spending of $102k, spending 125% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income grew from $46k to $82k (+79%), an average of +79% a year. The sharpest change came in the year to January 2024, when income rose by 79%. Over the whole period it spent 99% 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 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Dana Music Club ($82k), West Fargo Packer Backers ($82k) and Timberwolf Instrumental Music Boosters Northwood High School ($82k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.