American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in Lexington, SC. 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 June 2024, American Water Works Association reported income of $696k and spending of $550k, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $539k to $696k (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 106%. 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 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 79th percentile within SC. Charities of a similar size with the same main cause include Amy Adina Schulman Memorial Fund Inc ($696k), A R C Foundation of Monroe Inc ($696k) and The Out Foundation ($696k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $65k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 5 employees.