CSCharityScored
90

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: 2023

Annual Revenue

$211.7M

Total Expenses

$195.5M

Total Assets

$392.5M

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.3M

1.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$80.2M

Total Payroll

$82.5M

42% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 42%
Other overhead: 7%
Program Revenue$181.5M (86%)
Total Expenses$195.5M (92%)
Payroll$82.5M (42%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$211.7M annual revenue

15%

Executive Compensation

$2.3M total officer comp (1.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$392.5M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.