Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Newport Beach, CA. 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 $198k and spending of $213k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $231k to $198k (-14%), an average of -14% a year. Over the whole period it spent 90% 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 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Learning Institute for Elders at University of Central Florida Inc ($198k), Interlink Inc ($198k) and Wheels Across the Prairie Museum ($198k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.