Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Frisco, TX. 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 $80k and spending of $56k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $229k to $80k (-65%), an average of -65% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 93% 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 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($80k), Cisco Chain Riparian Owners Association Inc ($80k) and Love Thy Neighbor-Grand Traverse Region ($80k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.