Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Lakeville, MN. 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 $71k and spending of $118k, spending 166% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $95k to $71k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 123% 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 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Alamo Heights Terrell Hills Garden Club Inc ($71k), Stumptown Historical Society of Flathead County Inc ($71k) and Tule Lake Committee Inc ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 2.5% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.