Parent Booster USA Inc

Analysis

Parent Booster USA Inc is a registered charity in United States, based in Irvine, CA. 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 $79k and spending of $66k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $79k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 70% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Vienna Choral Society of Northern Virginia ($79k), His Lamplight Mission Inc ($79k) and Peace Corps Alumni Foundation for Philippine Development ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.