Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Duncan, SC. 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 $394k and spending of $428k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $232k to $394k (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 459%. Over the whole period it spent 94% 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 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within SC. Charities of a similar size with the same main cause include Musical Masterworks Inc C/O Jem ($394k), Center City Neighborhood Development Corporation ($395k) and Little League Baseball Inc ($394k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.