American Water Works Association Inc

Analysis

American Water Works Association Inc is a registered charity in United States, based in Brownsburg, IN. 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 September 2023, American Water Works Association Inc reported income of $973k and spending of $795k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $672k to $973k (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2020, when income rose by 98%. Over the whole period it spent 86% 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 Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Island Synagogue ($973k), Florida Center for the Blind Inc ($973k) and Grace City Outreach ($972k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $134k. At year end it held assets of $1.7m against liabilities of $177k, net assets of $1.6m. It reported 5 employees.