Mission
TO FUND WELFARE BENEFITS PURSUANT TO IRC SECTION 501(C)(9).
Public Charity
BAE SYSTEMS WELFARE BENEFIT TRUST
Based in FALLS CHURCH, VA, BAE SYSTEMS WELFARE BENEFIT TRUST operates as a Public Charity. The organization reported $534.2M in revenue, $538.0M in expenses, $33.2M in total assets for fiscal year 2024.
EIN: 742624710
FALLS CHURCH, VA
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$534.2M
Total Expenses$538.0M
Total Assets$33.2M
Grant Records0
Filing Years2019–2024
Where $100 goes at Bae Systems Welfare Benefit Trust
How Bae Systems Welfare Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
The exempt purpose of the trust is to fund the payment of health and welfare benefits
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE
Jp Morgan Chase Bank Na
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $534.2M | $538.0M | $33.2M |
| 2023 | $451.8M | $469.5M | $36.9M |
| 2022 | $418.7M | $421.0M | $54.6M |
| 2020 | $377.9M | $366.5M | $32.9M |
| 2019 | $375.6M | $367.0M | $21.5M |
Between 2019 and 2024, reported annual revenue grew from $375.6M to $534.2M (+42%), with total assets most recently reported at $33.2M.
Interactive year-over-year charts and full filing details available with membership.