Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Mitchell, SD. 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 $306k and spending of $297k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $278k to $306k (+10%), an average of +5.1% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 92% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within SD. Charities of a similar size with the same main cause include Plymouth Education Foundation Inc ($306k), KC Blind All-Stars Foundation ($306k) and Williamstown Meetinghouse Preservation Fund Inc ($306k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $2,000 (0.7% of expenses). At year end it held assets of $200k against liabilities of $481, net assets of $200k.