Johnson & Johnson Activities Inc

Analysis

Johnson & Johnson Activities Inc is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Johnson & Johnson Activities Inc reported income of $477k and spending of $349k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $488k to $477k (-2.3%), an average of -0.8% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Johnson & Johnson Activities Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Caldwell Meals on Wheels Inc ($477k), Southwest Options for Women ($477k) and The Aransas County Council on Aging ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (5.4% of expenses). Other salaries and wages came to $137k. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$106k. It reported 29 employees.