American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Ridgewood, NJ. 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 June 2023, American Water Works Association reported income of $598k and spending of $499k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $568k to $598k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 328%. Over the whole period it spent 92% 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 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Circle Pines Center ($598k), Southern Association of Workmens Compensation Administration ($598k) and Cecil Avenue Apartments Inc ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. At year end it held assets of $601k against liabilities of $17k, net assets of $584k.