Florida Christian University Inc

Analysis

Florida Christian University Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 1998, 28 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Christian University Inc reported income of $2.6m and spending of $1.1m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 239%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Christian University Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Lower Columbia Fish Enhancement ($2.6m), Canary Impact Lab Inc ($2.6m) and Mosaic Development Group Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $174k (15% of expenses). Other salaries and wages came to $4,861. At year end it held assets of $3.2m against liabilities of $1.0m, net assets of $2.1m. It reported 5 employees.