The Johnson & Johnson Voluntary Employee Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 599,123,005 | 604,822,275 | −5,699,270 | 2.6 | 0% |
| 2012 | 696,482,521 | 666,348,078 | 30,134,443 | 3.4 | 0% |
| 2013 | 636,513,856 | 667,380,052 | −30,866,196 | 2.9 | 0% |
| 2014 | 700,984,999 | 713,117,437 | −12,132,438 | 2.5 | 0% |
| 2015 | 731,339,892 | 736,004,570 | −4,664,678 | 2.3 | 0% |
| 2016 | 719,056,809 | 752,272,823 | −33,216,014 | 1.7 | 0% |
| 2017 | 973,119,474 | 788,506,666 | 184,612,808 | 4.5 | 0% |
| 2018 | 760,543,242 | 851,360,251 | −90,817,009 | 2.8 | 0% |
| 2019 | 837,838,196 | 908,132,709 | −70,294,513 | 1.7 | 0% |
| 2020 | 850,518,474 | 863,047,771 | −12,529,297 | 1.6 | 0% |
| 2021 | 916,950,992 | 967,316,564 | −50,365,572 | 0.8 | 0% |
| 2022 | 1,012,290,905 | 990,878,026 | 21,412,879 | 1.0 | 0% |
| 2023 | 1,055,661,335 | 1,051,523,611 | 4,137,724 | 0.8 | 0% |
In its most recent public year (2023), this organization brought in $4,137,724 more than it spent. Its reserves stood at about 0.8 months of spending, down from 2.6 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Johnson & Johnson Voluntary Employee Benefit Trust's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works