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The Florida Institute of Technology Inc is a nonprofit organization dedicated to providing high-quality university education to a culturally diverse student body, preparing them for the global workforce and community service. With an operating budget of $205.2 million and total revenue of $222.5 million for the 2024 filing year, the organization supports its mission through various funding sources, none of which account for 50% or more of its revenue. The university also emphasizes expanding knowledge through research to meet the diverse needs of local, state, national, and international communities.
Mission Statement
FLORIDA INSTITUTE OF TECHNOLOGY'S MISSION IS TO PROVIDE HIGH-QUALITY EDUCATION TO A CULTURALLY DIVERSE STUDENT BODY IN ORDER TO PREPARE STUDENTS FOR ENTERING THE GLOBAL WORKFORCE, SEEKING HIGHER-EDUCATION OPPORTUNITIES, AND SERVING WITHIN THEIR COMMUNITIES. THE UNIVERSITY ALSO SEEKS TO EXPAND KNOWLEDGE THROUGH BASIC AND APPLIED RESEARCH AND TO SERVE THE DIVERSE ECONOMIC, CULTURAL, AND SOCIETAL NEEDS OF OUR LOCAL, STATE, NATIONAL AND INTERNATIONAL CONSTITUENCIES.
Cause Areas
1
University education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is FLORIDA INSTITUTE OF TECHNOLOGY INC’s budget?
In 2024, FLORIDA INSTITUTE OF TECHNOLOGY INC reported an annual operating budget of around $205.2 million. More detailed financial information is available to registered users.
What causes does FLORIDA INSTITUTE OF TECHNOLOGY INC support?
FLORIDA INSTITUTE OF TECHNOLOGY INC supports work in University education.
Where does FLORIDA INSTITUTE OF TECHNOLOGY INC operate?
FLORIDA INSTITUTE OF TECHNOLOGY INC is headquartered in TAMPA, FL.
Who funded FLORIDA INSTITUTE OF TECHNOLOGY INC recently?
In 2025, FLORIDA INSTITUTE OF TECHNOLOGY INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, HISPANIC SCHOLARSHIP FUND, and BENZ WILLIAM L & MARGARET L FDN. More information on this organization’s funders is available to registered users.
What is the largest grant FLORIDA INSTITUTE OF TECHNOLOGY INC received in 2024?
The largest grant to FLORIDA INSTITUTE OF TECHNOLOGY INC in 2024 exceeds $1 million.
What is FLORIDA INSTITUTE OF TECHNOLOGY INC’s reliance on government grants?
FLORIDA INSTITUTE OF TECHNOLOGY INC relied on government grants for more than 5% of their total revenue in 2024.