American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in May 1969, 57 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, American Water Works Association reported income of $355k and spending of $374k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $355k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Water Works Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Community Senior Citizens Inc ($355k), Leaf Foundation ($355k) and Shoreline Public Schools Foundation ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.