American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Louisville, KY. 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 $685k and spending of $726k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $685k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 91% 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 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Lifelink Legacy Fund Inc ($685k), Learning Light Foundation Inc ($685k) and Friends of the Majestic ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $96k (13% of expenses). Other salaries and wages came to $17k. At year end it held assets of $902k against liabilities of $643, net assets of $901k. It reported 2 employees.