Charity Search / FLAGLER COLLEGE INC
Education (B420) IRS Verified DX Registered 990 on File

FLAGLER COLLEGE INC

EIN: 59-1157081 · ST AUGUSTINE, FL 32084-4342 · United States · FY 2024 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 82/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
CharityAI™ Score
Not yet evaluated
Mission Statement

Flagler College is a small private, residential college located in historic St. Augustine, Florida. The centerpiece of its campus is the former Hotel Ponce de León, a grand hotel constructed in 1888 by Henry M. Flagler, industrialist, philanthropist, railroad pioneer, and developer of the east coast of Florida. The Hotel Ponce de León serves as an enduring reminder of Mr. Flagler’s enterprise, diligence, and commitment to excellence. The College is committed to the preservation of the hotel and other historic structures that grace its campus. The mission of Flagler College is to educate and prepare students for productive careers, graduate and professional studies, and informed, responsible citizenship. Flagler College emphasizes teaching and scholarship; promotes intellectual and personal growth; and provides high-quality education in a caring and supportive environment that capitalizes on its historic, coastal location and its beautiful campus. Flagler College offers a liberal arts and pre-professional curriculum and promotes high-impact learning experiences, including co-curricular opportunities, which foster the development of well-rounded students. Flagler College is committed to high standards and student success; values integrity, personal responsibility, self-discipline and civility; and embraces accountability and stewardship. Flagler College encourages principled entrepreneurial thinking, fosters a sense of community, and promotes good citizenship.

Financial Overview — FY 2024
$106.6M
Total Revenue
$102.9M
Total Expenses
$181.6M
Net Assets
1227
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.0%
Fundraising Efficiency 2315.7%
Operating Reserve 21.18x
Liability-to-Asset 31.3%
Revenue Diversification 73.3%
Executive Compensation $2.7M
Compared with Peers
FY 2024
Compared with 263 similar organizations (United States, Education, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.0% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
15.7% 10.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.3% 1.3%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
2315.7% 4794.8%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
21.2 mo 18.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
31.3% 27.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
73.3% 86.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
10.9% 6.4%
P10P90
Expense growth
Year over year expense growth
11.9% 6.1%
P10P90
Surplus margin
Surplus as a share of revenue
3.5% 1.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $106.6M $102.9M $181.6M 81.0% 1227
2023 $96.1M $92.0M $176.1M 80.4% 1220
2022 $93.1M $81.3M $168.9M 80.9% 1150
2021 $88.5M $75.2M N/A — 1116
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Organization Details
EIN
59-1157081
State
FL
City
ST AUGUSTINE
ZIP
32084-4342
Classification
B420
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1968
Foundation Code
11
Form 990
On File
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