Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Parent Booster USA Inc reported income of $334k and spending of $194k, leaving 42% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $145k to $334k (+130%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 316%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Booster USA Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Center for Jewish Living at Cornell Inc ($334k), Foster College ($334k) and St John Bosco Association ($334k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 4.2% and program service revenue 90% of the total. Other salaries and wages came to $27k. At year end it held assets of $249k against liabilities of $0, net assets of $249k.