Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Richmond, 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 $156k and spending of $150k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $125k to $156k (+25%), an average of +25% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 100% 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 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Friends of the Lake Oswego Public Library ($156k), Guardian Foundation Inc ($156k) and Habitat for Humanity International Inc ($156k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 50% of the total. Other salaries and wages came to $18k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.