Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Mills River, NC. 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 $79k, spending 111% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $76k to $71k (-5.4%), an average of -5.4% a year. Over the whole period it spent 77% 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 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NC. Charities of a similar size with the same main cause include K-Tech Krakens Pal Inc ($71k), Trustees of Purdue University ($71k) and Chatillon-Demenil House Foundation ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 14% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.