Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Midwest City, OK. 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 $79k and spending of $77k, spending 98% of its income. Across the 2 years on record, from June 2020 to June 2023, income fell from $167k to $79k (-53%), an average of -53% a year. The sharpest change came in the year to June 2023, when income dropped by 53%. Over the whole period it spent 101% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include Turlock Chamber Foundation ($79k), Morgan Hill Historical Society Inc ($79k) and Bedford Schools Association ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 3.3% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.