American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Denver, CO. 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 $571k and spending of $591k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $588k to $571k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 58%. 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 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Alabama Conservation Enforcement Officers Association Inc ($571k), Beacon Clinic for Health and Hope ($571k) and Volunteers of America Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $113k (19% of expenses). Other salaries and wages came to $113k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 3 employees.