Does a Florida Nonprofit Need an Audit?
Florida requires a charitable organization registered to solicit to have its annual financial statement audited by an independent CPA once it receives $1 million or more in annual contributions; between $500,000 and $1 million a review is enough.
Data as of Sep 20, 2026 · Source: Federal Audit Clearinghouse (public data)
Does a Florida nonprofit need an audit?
Florida requires a charitable organization registered to solicit to have its annual financial statement audited by an independent CPA once it receives $1 million or more in annual contributions; between $500,000 and $1 million a review is enough.
| Topic | Applies to | Rule | Threshold | Source | Last verified |
|---|---|---|---|---|---|
| State law — audit | $1 million or more in annual contributions | For a charitable organization or sponsor that receives $1 million or more in annual contributions, the financial statement shall be audited by an independent certified public accountant. | $1,000,000 | Fla. Stat. § 496.407(1)(b)3. | Last verified: 2026-09-20 |
| State law — review or audit | at least $500,000 but less than $1 million in annual contributions | For a charitable organization or sponsor that receives at least $500,000 but less than $1 million in annual contributions, the financial statement shall be reviewed or audited by an independent certified public accountant. | $500,000 | Fla. Stat. § 496.407(1)(b)2. | Last verified: 2026-09-20 |
| State law — optional below the first tier | less than $500,000 in annual contributions | For a charitable organization or sponsor that receives less than $500,000 in annual contributions, a compilation, audit, or review of the financial statement is optional. | — | Fla. Stat. § 496.407(1)(b)1. | Last verified: 2026-09-20 |
Who enforces this in Florida?
The first rule in the table comes from Fla. Stat. § 496.407(1)(b)3.. Check that source for the Florida office and the filing instructions that apply to your organization.
How does this differ from the federal single audit?
The federal single audit applies when a nonprofit spends $1,000,000 or more in federal awards in a fiscal year beginning on or after October 1, 2024 ($750,000 for earlier fiscal years). State rules are separate and are listed on this page.
Read what the single audit threshold means or check whether an organization needs a federal single audit.
Florida nonprofit single audits in the federal data
The federal single audit is a separate requirement. These pages count the Florida nonprofit filings in the Federal Audit Clearinghouse and the firms named on them.
Common questions
Does a Florida nonprofit need an audit?
Florida requires a charitable organization registered to solicit to have its annual financial statement audited by an independent CPA once it receives $1 million or more in annual contributions; between $500,000 and $1 million a review is enough.