Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Clover, SC. 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 June 2023, Parent Booster USA Inc reported income of $420k and spending of $476k, spending 113% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $225k to $420k (+87%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 104% 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 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Local 107 Development and Training Fund ($420k), Indiana Music Education Association Foundation ($420k) and Childrens Genesis ($420k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 42% of the total. Other salaries and wages came to $53k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.