Florida Institute Of Technology Inc: $222.5M Revenue, $205.2M Expenses

The efficiency rubric puts Florida Institute Of Technology Inc at a B grade: a composite of 79/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

Annual revenue at Florida Institute Of Technology Inc runs $222.5M (2024), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Financial health is a strength: Florida Institute Of Technology Inc carries a healthy operating-reserve cushion against $205.2M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Florida Institute Of Technology Inc reported $222.5M in 2024, up notably from the start of the window. Officer compensation is modest relative to organizational size: Florida Institute Of Technology Inc reports $2.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $222.5M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Florida Institute Of Technology Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.