TOTAL REV $12.05M
TOTAL EXP $10.96M
NET $1.09M

Investment Profile · FY 2019

Valparaiso University

Valparaiso, Indiana · NCAA Division I-FCS · Private nonprofit, 4-year or above · Enrollment 2,924

ZIP 46383 · IPEDS unitid 152600

Revenue Percentile (Division)
40th

Key Financial Metrics · 2019

Total Revenue
$12.05M

Total Expenses
$10.96M

Net Result
$1.09M

Unique Athletes
160

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 60.4%Women’s programs 39.6%

$7.28M
$4.77M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 134 (-4.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Basketball

$3.97M

Soccer

$1.62M

Baseball

$1.52M

Football

$1.24M

Softball

$752.3K

Volleyball

$740.9K

Golf

$601.3K

Tennis

$582.7K

All Track Combined

$473.9K

Swimming

$290.6K

Expense by sport

Basketball

$3.78M

Soccer

$1.62M

Baseball

$900.3K

Football

$1.16M

Softball

$726.7K

Volleyball

$735K

Golf

$501.9K

Tennis

$556.3K

All Track Combined

$450.3K

Swimming

$286.4K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Basketball 2 14 15 $3.97M $3.78M $186.2K
Soccer 15 28 29 $1.62M $1.62M $6.8K
Baseball 1 33 0 $1.52M $900.3K $616.7K
Football 7 96 0 $1.24M $1.16M $84.8K
Softball 16 0 19 $752.3K $726.7K $25.5K
Volleyball 26 0 19 $740.9K $735K $5.9K
Golf 8 9 8 $601.3K $501.9K $99.4K
Tennis 22 8 7 $582.7K $556.3K $26.4K
All Track Combined 3 90 64 $473.9K $450.3K $23.6K
Swimming 19 15 17 $290.6K $286.4K $4.3K
Bowling 33 0 11 $258.2K $245.8K $12.4K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$75.3K

Athletes Tracked
160

Top Sport Share
Basketball · 32.9%

Program Count
11

Unique men
96

Unique women
64

Per-sport slots
482

Multi-sport coeff
3.01x

Coed men

Coed women

The program has 160 unique athletes filling 482 sport roster slots — a 3.01x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FCS
Sector
Private nonprofit, 4-year or above
Total Enrollment
2,924
Revenue Tier
Below-median (40th pct.)
Peers in Division
124 schools
Peers in Indiana
41 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Sam Houston State University TX $12.03M $0 $-17.1K
East Tennessee State University TN $12M $0 $-53.4K
Weber State University UT $11.88M $0 $-168.9K
University of South Dakota SD $12.27M $0 $215.7K
Jacksonville State University AL $11.82M $0 $-235.1K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $4.1K Athletic revenue per enrolled student
Expense Ratio 90.9% Expenses as % of revenue
Top Sport Share 32.9% Revenue concentration in top program
Division Percentile 40th Revenue rank within NCAA Division I-FCS

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