Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Clearwater, 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 2023, Parent Booster USA Inc reported income of $61k and spending of $29k, leaving 53% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $61k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 71% 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 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Changing Times Tap Dancing Co ($61k), New England Scholastic Band Association Inc ($61k) and Trust Uw Marshall Simonds ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 34% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.