FLORIDA INSURANCE GUARANTY ASSOCIATION INC
TALLAHASSEE, FL 32317 · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $485,915,970 | $188,831,564 | $564,057,779 |
| FY2024 | $825,613,312 | $542,743,873 | $266,973,373 |
| FY2023 | $478,366,102 | $773,886,119 | -$15,896,068 |
| FY2022 | $646,169,972 | $677,050,862 | $279,623,949 |
| FY2021 | $69,775,108 | $156,884,908 | $142,504,839 |
| FY2020 | $30,726,205 | $78,648,502 | $229,614,639 |
| FY2019 | $33,099,802 | $45,470,004 | $277,536,936 |
| FY2018 | $36,407,539 | $14,225,337 | $289,907,138 |
| FY2017 | $36,700,432 | $13,952,541 | $267,724,936 |
| FY2016 | $46,298,129 | $18,805,392 | $244,977,045 |
| FY2015 | $30,182,992 | $30,757,229 | $217,484,308 |
| FY2014 | $54,450,070 | $61,286,140 | $218,058,545 |
| FY2013 | $57,074,469 | $59,369,850 | $224,894,615 |
| FY2012 | $177,878,441 | $96,555,092 | $227,189,996 |
What the numbers show
- Net assets covered about 35.8 months of expenses at the end of the reporting year.
- Total revenue rose from $177,878,441 in FY2012 to $485,915,970 in FY2025, Revenue increased in 4 and decreased in 9 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2013, FY2014, FY2015, FY2019, FY2020, FY2021, FY2022, FY2023).
- The highest revenue on record here is $825,613,312 in FY2024.
- Net assets grew from $227,189,996 to $564,057,779 between FY2012 and FY2025.
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
TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES.
IRS status
| Ruling year | 1973 |
| Subsection | 501(c)(6) |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 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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