American Water Works Association

Analysis

American Water Works Association is a registered charity in United States, based in RCH Cucamonga, CA. 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 $3.5m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.5m (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 100% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Christian Camps Inc ($3.5m), The Philip Jaisohn Memorial Foundation Inc ($3.5m) and Genesee Christian Day Care Service ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $170k (4.9% of expenses). Other salaries and wages came to $963k. At year end it held assets of $3.8m against liabilities of $1.3m, net assets of $2.5m. It reported 62 employees.