Touro University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,928,886 | 47,295,929 | 6,632,957 | 31.9 | 48% |
| 2012 | 54,034,832 | 48,960,193 | 5,074,639 | 31.8 | 48% |
| 2013 | 57,205,067 | 149,551,157 | −92,346,090 | 3.0 | 16% |
| 2014 | 60,626,584 | 55,100,404 | 5,526,180 | 9.4 | 48% |
| 2015 | 63,436,275 | 73,299,035 | −9,862,760 | 5.4 | 39% |
| 2016 | 71,772,152 | 73,097,480 | −1,325,328 | 5.2 | 42% |
| 2017 | 77,739,334 | 76,943,799 | 795,535 | 5.2 | 43% |
| 2018 | 84,139,423 | 85,555,563 | −1,416,140 | 4.5 | 41% |
| 2019 | 87,859,502 | 82,761,014 | 5,098,488 | 5.5 | 45% |
| 2020 | 91,677,502 | 81,558,918 | 10,118,584 | 7.1 | 47% |
| 2021 | 93,950,601 | 97,120,799 | −3,170,198 | 5.8 | 39% |
| 2022 | 97,479,390 | 85,658,231 | 11,821,159 | 7.8 | 46% |
| 2023 | 95,319,263 | 87,544,657 | 7,774,606 | 8.8 | 46% |
In its most recent public year (2023), this organization brought in $7,774,606 more than it spent. Its reserves stood at about 8.8 months of spending, down from 31.9 in 2011. Staff pay was 46% of spending. $888,516 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
Touro University'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