Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Erie, PA. 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 $62k and spending of $59k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $70k to $62k (-11%), an average of -11% a year. Over the whole period it spent 86% 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 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include PTA Iowa Congress ($62k), Berkshire Free Library ($62k) and South Lexington Babe Ruth Inc ($62k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 25% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.