Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Pensacola, FL. 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 2024, Parent Booster USA Inc reported income of $177k and spending of $128k, leaving 28% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $4,999 to $177k (+3449%), an average of +496% a year. The sharpest change came in the year to June 2023, when income rose by 1865%. Over the whole period it spent 78% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Gresham Japanese Garden ($177k), Amic Holding Co Inc ($177k) and Trustees of Purdue University ($177k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% of the total. Other salaries and wages came to $19k. At year end it held assets of $103k against liabilities of $0, net assets of $103k.