Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Rockport, TX. 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 December 2023, Parent Booster USA Inc reported income of $67k and spending of $59k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $67k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Cambodian University Scholarship Project a Nonprofit Corporation ($67k), Stockbridge Area Educational Foundation ($67k) and Capitola-Aptos Rotary Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 26% of the total. At year end it held assets of $55k against liabilities of $763, net assets of $55k.