#142 of 500 · Member & Benefit Funds
The Johnson & Johnson Voluntary Employee Benefit Trust
Funds and pays benefits and administrative expenses for eligible Johnson & Johnson employees and their dependents under group life, accidental death and dismemberment, and certain medical plans. Administered on behalf of the company, it exists to finance employee welfare benefits rather than to operate public charitable programs.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $1.06B
- Expenses
- $1.05B
- Total assets
- $74.1M
- Net assets
- $74.1M
- Operating margin
- 0.4%
- 1-year growth
- 4.3%
- 5-year growth (CAGR)
- 5.9%
- Reserve (years of spending)
- 0.8
- Contributions share
- n/a
- Programme spending
- 98.6%
- Fundraising cost
- n/a
- Executive pay share
- 0.00%
- Employees
- n/a
- Revenue per employee
- n/a
- Grants paid
- n/a
- Years filing
- 51
NFP Health Score: 46 / 100
Financial 11 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $837.8M |
| 2020 | $850.5M |
| 2021 | $917.0M |
| 2022 | $1.01B |
| 2023 | $1.06B |