Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Northridge, 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 2024, Parent Booster USA Inc reported income of $77k and spending of $75k, spending 98% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $233k to $77k (-67%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 73%. Over the whole period it spent 97% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Glencoe Community Football Incorporated ($77k), The Lisbon Volunteer Fire Department Inc ($77k) and Victoria Fine Arts Association Inc ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.