Florida Southern College: $164.8M Revenue, $164.2M Expenses

Florida Southern College grades a B on the NonprofitTruth efficiency rubric. 75/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Florida Southern College is a large nonprofit by U.S. standards: $164.8M in 2023 revenue against $164.2M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Financial health is a strength: Florida Southern College carries a healthy operating-reserve cushion against $164.2M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Florida Southern College reports $2.0M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $164.8M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Florida Southern College 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.