Touro Infirmary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 303,388,195 | 286,443,502 | 16,944,693 | 12.3 | 31% |
| 2021 | 305,945,261 | 308,707,495 | −2,762,234 | 11.4 | 32% |
| 2022 | 342,315,015 | 350,753,484 | −8,438,469 | 9.1 | 29% |
In its most recent public year (2022), this organization spent $8,438,469 more than it brought in. Its reserves stood at about 9.1 months of spending, down from 12.3 in 2020. Staff pay was 29% of spending. $1,352,315 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 2022. 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
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