Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Eden, 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 March 2024, Parent Booster USA Inc reported income of $300k and spending of $311k, spending 104% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $405k to $300k (-26%), an average of -26% a year. The sharpest change came in the year to March 2024, when income dropped by 26%. Over the whole period it spent 94% 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 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Cascadia College Foundation ($300k), Daya Sumitra Educational Society Inc ($300k) and Northeast Maritime Institute Foundation ($300k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.