CSCharityScored
93

Florida Institute Of Technology Inc

Education · Melbourne, Florida

150 W University Blvd, Melbourne, FL 32901-8995

EIN: 596046500· Founded: Jan 1960· 66 years active· Filing Year: 2024

Annual Revenue

$222.5M

Total Expenses

$205.2M

Total Assets

$409.3M

Program Spending

92%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.0M

1.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$87.7M

Total Payroll

$89.7M

44% of total expenses

Where the Money Goes

92%
Programs: 92%
Payroll: 44%
Other overhead: 8%
Program Revenue$188.1M (85%)
Total Expenses$205.2M (92%)
Payroll$89.7M (44%)
Overhead (non-program)8%

Trust Score Breakdown

Program Spending Ratio

92% of expenses go to programs

40%

Revenue & Stability

$222.5M annual revenue

15%

Executive Compensation

$2.0M total officer comp (1.0% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$409.3M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.