Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Parent Booster USA Inc reported income of $183k and spending of $138k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $973k to $183k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Booster USA Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Foundation for Fort Mill Schools Inc ($183k), Belmont Golf Scholarship Fund Inc ($183k) and Penn Before and After School Program ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.