American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Farmington, NY. 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 $776k and spending of $744k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $701k to $776k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 88% 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 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Kuyahoora Volunteer Ambulance Corps Inc ($776k), Peninsula Foundation ($776k) and Arrowhead Bible Camp Assn Inc ($776k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $106k (14% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.0m against liabilities of $68k, net assets of $975k. It reported 2 employees.