Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Long Beach, CA. 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 $95k and spending of $100k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $61k to $95k (+55%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 96% 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 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Residents Development Corporation ($95k), Owasippe Staff Association Inc ($95k) and Watertown Aquatic Team - Wat ($95k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 48% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.