Touro University
Touro University shows consistent revenue growth and asset accumulation, with undisclosed executive compensation.
EIN: 200363127 · Drive Henderson, NV · NTEE: B50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77.5M |
| Total Expenses | $69.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $72.1 |
| Net Assets | $42.7M |
| Transparency Score | 75/100 |
Is Touro University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Touro University directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Touro University
Touro University (EIN: 200363127) is a nonprofit organization based in Drive Henderson, NV, classified under NTEE code B50. The organization reported total revenue of $77.5M and total assets of $118.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touro University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touro University is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72.1M |
| Total Expenses | $69.4M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $114.8M |
| Total Liabilities | $72.1M |
| Net Assets | $42.7M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 62.8% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2023, Touro University reported a surplus of $2.7M with revenue exceeding expenses, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 62.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Touro University's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +9.0% | -0.2% |
| 2022 | +-0.0% | -5.5% | +2.1% |
| 2021 | +12.0% | +21.5% | +8.6% |
| 2020 | +0.8% | +3.6% | +18.5% |
| 2019 | +15.8% | +6.1% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Touro University with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Touro University allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of Touro University's size and revenue ($72.1 million in 2023). This lack of reported compensation makes it impossible to assess executive pay relative to organizational scale and industry benchmarks, raising questions about transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Touro University's IRS 990 filings:
- Consistent 0% officer compensation reported, lacking transparency on executive pay.
- Significant liabilities relative to assets, though assets are growing faster.
Strengths
The following positive indicators were identified for Touro University:
- Consistent revenue growth over the past decade, from $43.2M (2014) to $72.1M (2023).
- Healthy asset growth, increasing from $71.3M (2014) to $114.8M (2023).
- Generally operates with a financial surplus, indicating sound fiscal management.
- Stable financial position with a growing asset base.
Frequently Asked Questions about Touro University
Is Touro University a legitimate charity?
Touro University (EIN: 200363127) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $77.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Touro University spend its money?
Touro University directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Touro University tax-deductible?
Touro University is registered as a tax-exempt nonprofit (EIN: 200363127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Touro University CEO make?
Touro University's highest-compensated officer earns $72.1 annually. The organization reported $77.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Touro University's spending goes to programs?
Touro University directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Touro University compare to similar nonprofits?
With a transparency score of 75/100 (Good), Touro University is above average for NTEE category B50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Touro University located?
Touro University is headquartered in Drive Henderson, Nevada and files with the IRS under EIN 200363127. It is classified under NTEE code B50.
How many years of IRS 990 filings does Touro University have?
Touro University has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $77.5M in total revenue.
Why is officer compensation consistently reported as 0% in all IRS 990 filings?
The consistent reporting of 0% officer compensation across all filings (2014-2023) is a significant data gap. It suggests that either officers are not compensated directly by Touro University, their compensation is reported under a different expense category, or they are compensated by an affiliated entity not detailed in these specific filings. This lack of disclosure hinders a complete financial analysis.
What is the actual program spending ratio for Touro University?
Based on the general nature of educational institutions (NTEE B50) and typical operational structures, a significant portion of expenses would be allocated to program services (education, research). While specific program expense breakdowns are not provided in the summary data, a reasonable estimate for a university of this scale would be around 85% of total expenses dedicated to programs, given the consistent surpluses and asset growth.
How does Touro University's asset growth compare to its liabilities?
Touro University's assets have grown from $71.3 million in 2014 to $114.8 million in 2023. Over the same period, liabilities have also increased from $45.7 million to $72.1 million. While both have grown, the asset growth has outpaced liabilities, indicating a strengthening balance sheet and improved financial solvency.
Filing History
IRS 990 filing history for Touro University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Touro University's revenue has grown by 94%, moving from $37.2M to $72.1M. Total assets increased by 51.4% over the same period, from $75.8M to $114.8M. Total functional expenses rose by 128.9%, from $30.3M to $69.4M. In its most recent filing year (2023), Touro University reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $72.1M in liabilities against $114.8M in assets (debt-to-asset ratio: 62.8%), resulting in net assets of $42.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72.1M | $69.4M | $114.8M | $72.1M | — | — |
| 2022 | $69.6M | $63.7M | $115.1M | $75.4M | — | View 990 |
| 2021 | $69.6M | $67.4M | $112.7M | $77.8M | — | View 990 |
| 2020 | $62.2M | $55.5M | $103.8M | $71.4M | — | View 990 |
| 2019 | $61.7M | $53.6M | $87.6M | $61.8M | — | View 990 |
| 2018 | $53.3M | $50.5M | $80.1M | $62.5M | — | View 990 |
| 2017 | $52.2M | $51.7M | $70.1M | $55.3M | — | View 990 |
| 2016 | $48.3M | $53.3M | $64.5M | $50.2M | — | View 990 |
| 2015 | $46.4M | $52.8M | $65.8M | $46.5M | — | View 990 |
| 2014 | $43.2M | $32.0M | $71.4M | $45.7M | — | View 990 |
| 2013 | $41.1M | $60.0M | $58.1M | $43.8M | — | View 990 |
| 2012 | $40.5M | $31.2M | $79.3M | $46.0M | — | View 990 |
| 2011 | $37.2M | $30.3M | $75.8M | $52.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72.1M, expenses of $69.4M, and assets of $114.8M (revenue +3.6% year-over-year).
- 2022: Revenue of $69.6M, expenses of $63.7M, and assets of $115.1M (revenue +-0.0% year-over-year).
- 2021: Revenue of $69.6M, expenses of $67.4M, and assets of $112.7M (revenue +12.0% year-over-year).
- 2020: Revenue of $62.2M, expenses of $55.5M, and assets of $103.8M (revenue +0.8% year-over-year).
- 2019: Revenue of $61.7M, expenses of $53.6M, and assets of $87.6M (revenue +15.8% year-over-year).
- 2018: Revenue of $53.3M, expenses of $50.5M, and assets of $80.1M (revenue +2.0% year-over-year).
- 2017: Revenue of $52.2M, expenses of $51.7M, and assets of $70.1M (revenue +8.1% year-over-year).
- 2016: Revenue of $48.3M, expenses of $53.3M, and assets of $64.5M (revenue +4.0% year-over-year).
- 2015: Revenue of $46.4M, expenses of $52.8M, and assets of $65.8M (revenue +7.5% year-over-year).
- 2014: Revenue of $43.2M, expenses of $32.0M, and assets of $71.4M (revenue +5.2% year-over-year).
- 2013: Revenue of $41.1M, expenses of $60.0M, and assets of $58.1M (revenue +1.4% year-over-year).
- 2012: Revenue of $40.5M, expenses of $31.2M, and assets of $79.3M (revenue +8.9% year-over-year).
- 2011: Revenue of $37.2M, expenses of $30.3M, and assets of $75.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Touro University:
Data Sources and Methodology
This transparency report for Touro University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.