Touro University Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 335,189 | 325,819 | 9,370 | 0.3 | 20% |
| 2021 | 2,285,654 | 2,734,355 | −448,701 | -1.9 | 10% |
| 2022 | 5,103,837 | 5,706,632 | −602,795 | -1.5 | 12% |
| 2023 | 9,594,562 | 6,206,459 | 3,388,103 | 5.2 | 24% |
In its most recent public year (2023), this organization brought in $3,388,103 more than it spent. Its reserves stood at about 5.2 months of spending, up from 0.3 in 2020. Staff pay was 24% of spending.
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
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