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New York · Nonprofit

TOURO UNIVERSITY

TOURO UNIVERSITY (New York) receives grants from 89 organizations whose IRS filings report $6,457,791 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,198,030). 31 of them have funded it in more than one year.

Revenue FY2025
$496M
Funders on record
89
Grants received
$6.5M
Net assets
$342M
31/89 repeat funderspeak grant-dependency 0%
01What it does

What Touro University does

Mission

The university's primary purpose is to provide an independent institution of higher and professional education. (see schedule o)

As stated on its FY2025 Form 990.

Program

  1. Academic 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).

    $394,991,159 spentof which $39,487,785 as grants$416,573,581 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $394,991,159.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($284M) Expenses 100 ($280M) Net assets 100 ($175M)2018 Revenue 112 ($319M) Expenses 104 ($292M) Net assets 116 ($203M)2019 Revenue 109 ($309M) Expenses 111 ($310M) Net assets 116 ($202M)2020 Revenue 113 ($322M) Expenses 115 ($321M) Net assets 116 ($202M)2022 Revenue 129 ($367M) Expenses 121 ($338M) Net assets 151 ($263M)2023 Revenue 129 ($367M) Expenses 130 ($365M) Net assets 155 ($272M)2024 Revenue 135 ($383M) Expenses 140 ($394M) Net assets 156 ($272M)2025 Revenue 174 ($496M) Expenses 156 ($436M) Net assets 196 ($342M)
'17'18'19'20'22'23'24'25
Revenue (174)Expenses (156)Net assets (196)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $636M to $790M (+24%).

$354M
$441M
$434M
$558M
$636M
$790M
$867M
$967M
'17'18'19'20'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 2% · 2019 1% · 2020 3% · 2022 6% · 2023 4% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

3% of TOURO UNIVERSITY’s revenue is contributions — more earned-revenue than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4.1M
’17
$27M
’18
−$1.1M
’19
$799k
’20
$29M
’22
$2.4M
’23
−$11M
’24
$60M
’25
1.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Alan Kadish

President, CEO and trustee

Board chair

Zvi Ryzman

Chair of the board of trustees

As listed on its FY2025 Form 990.

'17'18'19'20'22'23'24'25
Listed4955535252524342
Joined·+11+10+6·+2+2+1
No longer listed·5127·2112
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 12 funders to 21 funders, grant income rose $189k → $1.4M.

17 of 89 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $29M from 19 payers (the payer shares this organization's board, largest Touro University). These are real filings, and they are not money TOURO UNIVERSITY raised.

From the IRS filings of TOURO UNIVERSITY’s funders (the co-funder graph). Top 30 of 89 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TOURO UNIVERSITY has a broad base — no single funder exceeds 19% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TOURO UNIVERSITY.

19%
largest funder
50%
top three
~10
effective funders

Largest funder’s share by year: 2017 26% · 2018 29% · 2019 59% · 2020 24% · 2021 41% · 2022 23% · 2023 37% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

18% of TOURO UNIVERSITY's funders are still giving 3 years after their first grant; 35% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

75% of TOURO UNIVERSITY's grant income comes from New York funders.

VT
MT
IL
MI
NY
IN
OH
PA
NJ
UT
MO
MD
DE
NC
DC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TOURO UNIVERSITY runs a healthier operating margin than half of the 684 education nonprofits its size.

Operating margin12% · above the median
Months of reserve1.4mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Organizations like TOURO UNIVERSITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 8%Fundraising 2%

Governance

26
board members
65%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 35 related entities

  • Warwick Academic Associates LLC · disregarded
  • Center for Health Outcome Research LLC · disregarded
  • Instrument Logistics LLC · disregarded
  • Touro Mare Island LLC · disregarded
  • Htc LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for TOURO UNIVERSITY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TOURO UNIVERSITY?
TOURO UNIVERSITY (New York) receives grants from 89 organizations whose IRS filings report $6,457,791 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,198,030). 31 of them have funded it in more than one year.
How many funders does TOURO UNIVERSITY have?
IRS filings report 89 organizations giving $6,457,791 in grants to TOURO UNIVERSITY, 31 of which have funded it in more than one year.
Who is the largest funder of TOURO UNIVERSITY?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,198,030 in grants. The full list of funders is on this page.
How can an organization like TOURO UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 89 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing