American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Naperville, IL. 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 $1.0m and spending of $983k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $877k to $1.0m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 95% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Manteca Advocates for Independant Living ($1.0m), National School Chaplain Association Inc ($1.0m) and Boy Scouts of America ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $140k (14% of expenses). Other salaries and wages came to $216k. At year end it held assets of $1.4m against liabilities of $381k, net assets of $980k. It reported 7 employees.