Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Ashburn, VA. 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 2023, Parent Booster USA Inc reported income of $585k and spending of $573k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $590k to $585k (-0.9%), an average of -0.3% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 103% 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 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Bethesda Place Inc ($584k), Mecklenburg County YMCA ($585k) and Society for Ambulatory Anesthesia ($584k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 16% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.