Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Frisco, TX. 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 $257k and spending of $254k, spending 99% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $142k to $257k (+82%), an average of +82% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 99% 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 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Maker Space 307 ($257k), MNHS Band Boosters ($258k) and Morris County Secondary School Athletic Directors Association ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 46% of the total. Other salaries and wages came to $11k. At year end it held assets of $27k against liabilities of $1,171, net assets of $26k.