Yeshiva University reports $33M deficit in latest IRS filing

(JNS) — Yeshiva University’s latest IRS Form 990 shows that the school ended fiscal year 2023 deeper in the red than the prior year, as spending again exceeded reported revenue.

The filing, which the Commentator, a student paper, reported, lists $394 million in total revenue and $427 million in total expenses, producing a $33 million net loss. The shortfall widened substantially from 2022, when it reported an $8 million loss.

Major spending categories included more than $130 million in salaries and wages, more than $116 million in grants and other assistance, $11 million in interest payments,...