TOTAL REV $19.77M
TOTAL EXP $19.77M
NET $0

Investment Profile · FY 2019

Elon University

Elon, North Carolina · NCAA Division I-FBS · Private nonprofit, 4-year or above · Enrollment 6,079

ZIP 272442010 · IPEDS unitid 198516

Revenue Percentile (Division)
14th

Key Financial Metrics · 2019

Total Revenue
$19.77M

Total Expenses
$19.77M

Net Result
$0

Unique Athletes
223

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 59.1%Women’s programs 40.9%

$11.68M
$8.09M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 344 (6%) from 2015 to 2019.

Classification & Sector History

Year Men Women Total Classification Sector
2015 2,356 3,379 5,735 NCAA Division I-FBS Private nonprofit, 4-year or above
2016 2,398 3,456 5,854 NCAA Division I-FCS Private nonprofit, 4-year or above
2017 2,371 3,514 5,885 NCAA Division I-FCS Private nonprofit, 4-year or above
2018 2,419 3,610 6,029 NCAA Division I-FCS Private nonprofit, 4-year or above
2019 2,394 3,685 6,079 NCAA Division I-FCS Private nonprofit, 4-year or above

Sport Program Investment

Revenue by sport

Football

$5.92M

Basketball

$4.39M

Soccer

$2.14M

Baseball

$1.4M

All Track Combined

$1.14M

Volleyball

$1.09M

Lacrosse

$921.5K

Tennis

$878.6K

Softball

$865.7K

Golf

$860.3K

Expense by sport

Football

$5.92M

Basketball

$4.39M

Soccer

$2.14M

Baseball

$1.4M

All Track Combined

$1.14M

Volleyball

$1.09M

Lacrosse

$921.5K

Tennis

$878.6K

Softball

$865.7K

Golf

$860.3K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 114 0 $5.92M $5.92M $0
Basketball 2 15 21 $4.39M $4.39M $0
Soccer 15 34 32 $2.14M $2.14M $0
Baseball 1 36 0 $1.4M $1.4M $0
All Track Combined 3 0 109 $1.14M $1.14M $0
Volleyball 26 0 15 $1.09M $1.09M $0
Lacrosse 11 0 32 $921.5K $921.5K $0
Tennis 22 9 8 $878.6K $878.6K $0
Softball 16 0 18 $865.7K $865.7K $0
Golf 8 9 13 $860.3K $860.3K $0
Track and Field, X-Country 25 10 0 $155.4K $155.4K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$88.6K

Athletes Tracked
223

Top Sport Share
Football · 30%

Program Count
11

Unique men
114

Unique women
109

Per-sport slots
475

Multi-sport coeff
2.13x

Coed men

Coed women

The program has 223 unique athletes filling 475 sport roster slots — a 2.13x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Private nonprofit, 4-year or above
Total Enrollment
6,079
Revenue Tier
Lower-tier (14th pct.)
Peers in Division
127 schools
Peers in North Carolina
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Western Kentucky University KY $19.79M $0 $20.1K
Eastern Michigan University MI $19.68M $0 $-89.6K
University at Buffalo NY $19.67M $0 $-99.6K
The University of Texas at San Antonio TX $19.95M $0 $179.5K
Appalachian State University NC $19.99M $0 $219.4K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $3.3K Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 30.0% Revenue concentration in top program
Division Percentile 14th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.