Valero Energy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 26,169,608 | 24,431,787 | 1,737,821 | 10.0 | 0% |
| 2018 | 26,912,839 | 19,532,530 | 7,380,309 | 14.3 | 0% |
| 2019 | 28,159,378 | 25,501,418 | 2,657,960 | 12.2 | 0% |
| 2020 | 6,867,977 | 12,666,833 | −5,798,856 | 18.9 | 0% |
| 2021 | 9,027,256 | 18,159,994 | −9,132,738 | 7.2 | 0% |
| 2022 | 9,375,966 | 11,526,743 | −2,150,777 | 9.1 | 0% |
| 2023 | 10,302,504 | 10,998,577 | −696,073 | 8.7 | 0% |
In its most recent public year (2023), this organization spent $696,073 more than it brought in. Its reserves stood at about 8.7 months of spending, down from 10 in 2017. Staff pay was 0% of spending. $4,010,603 of its net assets are donor-restricted.
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
Valero Energy Foundation'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