Florida Southern College
111 Lake Hollingsworth Dr, Lakeland, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $188,232,134 | $176,289,193 | $311,628,212 |
| FY2024 | $195,738,425 | $167,372,495 | $295,382,229 |
| FY2023 | $164,767,465 | $164,207,263 | $257,970,388 |
| FY2022 | $158,647,650 | $153,608,007 | $258,677,622 |
| FY2020 | $143,874,205 | $134,862,147 | $221,869,189 |
| FY2019 | $135,701,989 | $135,419,033 | $212,974,655 |
| FY2018 | $139,160,048 | $123,573,558 | $214,593,186 |
| FY2017 | $120,743,122 | $115,528,928 | $195,110,981 |
| FY2016 | $113,290,825 | $103,808,295 | $184,765,404 |
| FY2015 | $103,498,840 | $94,927,201 | $178,744,996 |
| FY2014 | $95,986,845 | $89,911,658 | $169,085,170 |
| FY2013 | $93,038,062 | $81,854,318 | $157,835,928 |
| FY2012 | $79,919,452 | $75,810,378 | $140,051,124 |
| FY2011 | $89,173,569 | $72,866,181 | $140,032,944 |
Form 990 filings
The returns filed by Florida Southern College (EIN 59-0624401), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $23,342,841 | 12% |
| Program service revenue | $156,085,266 | 83% |
| Other revenue | $8,804,027 | 5% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $154,084,990 | 87% |
| Management & general | $20,553,528 | 12% |
| Fundraising | $1,650,675 | 1% |
What the numbers show
- Program service revenue made up 83% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 12%, and fundraising 1%.
- 87% of functional expenses went to program services in FY2025. That is higher than 50% of 220 Education organizations in FL.
- Net assets covered about 21.2 months of expenses at the end of the reporting year. That puts it in the 68th percentile among 2798 Education organizations in FL.
- Total revenue was higher than 99.3% of 2873 Education organizations in FL.
- Total revenue rose from $89,173,569 in FY2011 to $188,232,134 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2011 to FY2025.
- The highest revenue on record here is $195,738,425 in FY2024.
- Net assets grew from $140,032,944 to $311,628,212 between FY2011 and FY2025.
- Contributions and grants made up 26% of revenue in FY2011 and 12% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PRIVATE UNITED METHODIST AFFILIATED COLLEGE THAT IS COMMITTED TO EDUCATIONAL EXCELLENCE.
IRS status
| Ruling year | 1941 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in FL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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