Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Midland, 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 December 2023, Parent Booster USA Inc reported income of $50k and spending of $31k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $50k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 81% 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 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Chase Park Association ($50k), Inverness Foundation 15 Park Ave ($50k) and Wounded Heroes Hunting Camp Inc ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.