Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Winston Salem, NC. 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 June 2023, Parent Booster USA Inc reported income of $372k and spending of $317k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $213k to $372k (+75%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 140%. Over the whole period it spent 93% 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 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Montessori of Oahu Foundation ($372k), Centro Las Olas ($372k) and CR Boosters ($372k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.