Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Lynchburg, VA. 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 $52k and spending of $52k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $64k to $52k (-19%), an average of -10% a year. The sharpest change came in the year to June 2024, when income dropped by 34%. Over the whole period it spent 101% 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 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Society of St Vincent de Paul St Pius X Conference ($52k), Poquatuck Hall Inc ($52k) and PTA California Congress of Parents Teachers & Students Inc ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.