Is Touro University Legit?

Touro University demonstrates consistent financial growth over the past decade, with revenues increasing from $60.6 million in 2014 to $95.3 million in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $95.3 million exceeded expenses of $87.5 million, contributing to a healthy increase in assets from $72.7 million in 2014 to $95.0 million in 2023. This indicates sound financial management and an ability to build reserves. While specific program, administrative, and fundraising spending breakdowns are not provided in the summary data, the consistent growth in assets and revenue suggests effective resource allocation. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it could indicate that executive compensation is reported differently or that the organization's structure does not involve direct officer compensation as typically reported on Part VII of the 990. Further investigation into the full 990 forms would be necessary to fully understand executive remuneration practices. Overall, Touro University appears to be in a stable financial position, consistently growing its revenue and assets. The organization's ability to manage expenses below revenue in most years, coupled with a significant increase in assets, points to a financially healthy and sustainable operation. The lack of reported officer compensation warrants further review for complete transparency.