Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Ponder, TX. 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 $171k and spending of $167k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $171k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 99% 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 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Economics Club of Florida Inc ($171k), Kentucky Academy of Science ($171k) and Harvest Fair Assn of Sonoma Co 1350 Bennett Ave ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 59% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.