Touro University
Touro University reported $495.8 million in revenue and $436.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.54 went to program services, $7.90 to management and general costs and $1.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.7% of the total. The highest compensation it reported for one person was $1,361,965 (PRESIDENT, CEO AND TRUSTEE). 468 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $436MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $496MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.42 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 78.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,361,965 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.31% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 468 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 17 of 26 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseAcademic support: Touro University provided education, primarily in the new york city metropolitan area, to approximately 13,000 undergraduate, graduate and professional students during the fiscal year in various fields of study, including law, medicine, dentistry and other healthcare fields, granting the following academic degrees: undergraduate (1,433); graduate (1,724); first professional (651)
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT, CEO AND TRUSTEE Director/trustee, officer, 18.80 hrs/week | $1,112,164 | $0 | $249,801 | $1,361,965 |
| SR VP FOR RESEARCH AFFAIRS Officer, 19.00 hrs/week | $394,038 | $212,970 | $115,083 | $722,091 |
| PROVOST AND SVP ACADEMIC AFFAIRS Officer, 30.50 hrs/week | $513,934 | $0 | $114,985 | $628,919 |
| EXECUTIVE DEAN, PROFESSOR Key employee, 35.00 hrs/week | $528,065 | $0 | $54,700 | $582,765 |
| TRUSTEE AND CHANCELLOR Director/trustee, officer, 3.00 hrs/week | $136,272 | $172,863 | $214,156 | $523,291 |
| EXECUTIVE VP Officer, 18.00 hrs/week | $376,987 | $0 | $143,157 | $520,144 |
| SENIOR VP, CFO Officer, 25.90 hrs/week | $490,503 | $0 | $17,773 | $508,276 |
| SENIOR VP OF OPER. & ADMIN. Officer, 29.00 hrs/week | $427,376 | $0 | $17,898 | $445,274 |
468 people received more than $100,000 in reportable compensation from Touro University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.6M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b26 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 53,722
- Volunteers Part I, line 6350
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| EXCEL GUARD CORP Security services | $4,758,713 |
| GOOGLE INC Advertising | $1,844,418 |
| KPMG LLP Consultant professional services | $1,469,554 |
| DAA CONSTRUCTION General construction | $1,330,858 |
| OUTFRONT MEDIA INC Advertising | $1,299,516 |
Individuals listed as contractors are left out. 57 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Touro University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Touro University, you can publish a response that is linked from this page.
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Of every $100 Touro University spent in FY2025, $90.54 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University Medical Service AssociationTampa, FL · revenue $494M · programs 79.8% · FY2025
- University of Kentucky Research FoundationLexington, KY · revenue $496M · programs 98.8% · FY2025
- The University of TampaTampa, FL · revenue $494M · programs 90.0% · FY2025
- Jefferson University PhysiciansPhiladelphia, PA · revenue $496M · programs 93.6% · FY2025
- Long Island UniversityBrookville, NY · revenue $491M · programs 90.0% · FY2025
Questions people ask
How much of Touro University's spending goes to programs?
In the fiscal year ending June 30, 2025, Touro University reported that 90.5% of its $436.3 million in expenses went to program services, 7.9% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does Touro University pay its top executive?
The largest total compensation Touro University reported for one person in the fiscal year ending June 30, 2025 was $1,361,965, for the role of PRESIDENT, CEO AND TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Touro University get its money?
Of $495.8 million in revenue in the fiscal year ending June 30, 2025, 3.3% came from contributions and grants (including 1.3% from government grants) and 78.7% from program service revenue (Form 990, Part VIII).
Is Touro University a registered charity?
The IRS lists EIN 13-2676570 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621339349307947 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349303167 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349303501 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349302328 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349302462 · read the filing
All filings for EIN 13-2676570: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.