American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Harrisburg, PA. 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 $393k and spending of $450k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $465k to $393k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 104% 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 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Headwaters School of Music and the Arts ($393k), Shiv Durga Temple of Bay Area ($393k) and Belvoir Community Committee ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $30k (6.7% of expenses). Other salaries and wages came to $65k. At year end it held assets of $464k against liabilities of $53k, net assets of $412k. It reported 7 employees.