Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Brentwood, TN. 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 December 2023, Parent Booster USA Inc reported income of $293k and spending of $709k, spending 242% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $293k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 181% 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 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Friends of Literacy Inc ($293k), James Squadrito Montessori School ($294k) and Kids World School Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 3.7% of the total. Other salaries and wages came to $18k. At year end it held assets of $72k against liabilities of $380k, net assets of -$308k.