American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Higden, AR. 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 $224k and spending of $260k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $224k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 146%. 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 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AR. Charities of a similar size with the same main cause include Iglesia Evangelica Apostoles Y Pro Fetas ($224k), Rus Service Corporation ($224k) and Blue Bonnett Casa ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $68k (26% of expenses). At year end it held assets of $212k against liabilities of $1,373, net assets of $211k. It reported 1 employees.