Program areas at FIT
Instruction and academic support the university instructed 3,469 undergraduate, 1,092 graduate and 482 doctorate students on campus and off campus sites. In addition, there were 4,613 online students in undergraduate, graduate and doctoral programs. The university offers undergraduate and graduate programs in the following fields of study: aeronautics and aviation, business and management, psychology and behavior analysis, arts and communication, engineering, science and mathematics, computing, premed.
Student services, auxillary enterprises and other revenues major services provided are housing and dining. In addition, campus life revolves around the clemente center for sports and recreation, the denius student center and panther plaza. Students participate in a wide variety of intramural sports, more than 100 student organizations and 16 intercollegiate sports. From greek life to the college players thatrical organization, students are actively involved in the life of the campus community.
Who funds Florida Institute of Technology (FIT)
Grants from foundations and other nonprofits
Financials for FIT
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $20,716,196 | $23,310,210 | -11.1% |
| Program services | $188,139,312 | $181,510,415 | 3.7% |
| Investment income and dividends | $5,984,910 | $4,346,779 | 37.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $1,732,218 | $1,591,009 | 8.9% |
| Net gain from sale of non-inventory assets | $3,782,960 | $444,572 | 750.9% |
| Net income from fundraising events | $348,783 | $152,832 | 128.2% |
| Net income from gaming activities | $4,617 | $62,199 | -92.6% |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,797,049 | $271,598 | 561.7% |
| Total revenues | $222,506,045 | $211,689,614 | 5.1% |
Organizations like FIT
| Organization | Type | Location | Revenue |
|---|
| Northwestern College | 501(c)(3) | Orange City, IA | $67,224,017 |
| Stonehill College | 501(c)(3) | North Easton, MA | $197,163,103 |
| Embry-Riddle Aeronautical University | 501(c)(3) | Daytona Beach, FL | $702,956,238 |
| Loyola University Maryland | 501(c)(3) | Baltimore, MD | $368,182,859 |
| University of Lynchburg | 501(c)(3) | Lynchburg, VA | $93,803,239 |
| Swarthmore College | 501(c)(3) | Swarthmore, PA | $361,641,058 |
| York College of Pennsylvania | 501(c)(3) | York, PA | $142,656,629 |
| Bay Path University | 501(c)(3) | Longmeadow, MA | $67,333,575 |
| Franciscan University of Steubenville | 501(c)(3) | Steubenville, OH | $155,431,376 |
| Thomas Jefferson University | 501(c)(3) | Philadelphia, PA | $173,300,706 |
Data update history
January 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 22, 2025
Updated personnel
Identified 9 new personnel
January 18, 2025
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
- Address
- 150 W University Blvd
- Melbourne, FL 32901
- Metro area
- Palm Bay-Melbourne-Titusville, FL
- County
- Brevard County, FL
- Website URL
- fit.edu/Â
- Phone
- (321) 674-8000
- Facebook page
- FloridaInstituteofTechnologyÂ
- Twitter profile
- @floridatechÂ
IRS details
- EIN
- 59-6046500
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1958
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B42: Undergraduate College (4-year)
- NAICS code, primary
- 611310: Colleges, Universities, and Professional Schools
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Exempt
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0192320
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-08-20
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