Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Tuttle, OK. 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 $61k and spending of $56k, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.0m to $61k (-94%), an average of -76% a year. The sharpest change came in the year to June 2022, when income dropped by 94%. Over the whole period it spent 98% 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 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within OK. Charities of a similar size with the same main cause include South Middlesex Opportunity Proper Ties Inc ($61k), Workers for Joy ($61k) and Owatonna Hospital Auxiliary ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.