Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Enterprise, MS. 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 $73k and spending of $73k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $73k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 92% 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 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within MS. Charities of a similar size with the same main cause include Safety Net ($73k), Marc Lane Ministries Incorporated ($73k) and Arizona Artists Guild ($73k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $395k against liabilities of $0, net assets of $395k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.