Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Chicago, IL. 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 July 2024, Parent Booster USA Inc reported income of $189k and spending of $180k, spending 95% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $164k to $189k (+15%), an average of +15% a year. The sharpest change came in the year to July 2024, when income rose by 15%. 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Greencastle-Antrim Baseball Softbal L Assoc ($189k), New Heart Ministries ($189k) and PTA California Congress of Parents Teachers & Students Inc ($189k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 40% and program service revenue 9.7% of the total. Other salaries and wages came to $28k. At year end it held assets of $84k against liabilities of $432, net assets of $83k.