Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Prosper, TX. 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 June 2024, Parent Booster USA Inc reported income of $57k and spending of $68k, spending 120% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $152k to $57k (-63%), an average of -63% a year. The sharpest change came in the year to June 2024, when income dropped by 63%. Over the whole period it spent 94% 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 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Foundations of Medical Education ($57k), Golden Valley Football Boosters Inc ($57k) and Association of Texas Appraisers Inc ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.