Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Tuttle, OK. 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 December 2023, Parent Booster USA Inc reported income of $62k and spending of $88k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $62k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 112% 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 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Crosstown Meals on Wheels ($62k), Reynoldsville Public Library ($62k) and First United Methodist Church Columbus Indiana Foundation Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 5.9% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.