TOTAL REV $9.44M
TOTAL EXP $9.44M
NET $0

Investment Profile · FY 2019

Lenoir-Rhyne University

Hickory, North Carolina · NCAA Division II with football · Private nonprofit, 4-year or above · Enrollment 1,575

ZIP 28601 · IPEDS unitid 198835

Revenue Percentile (Division)
92th

Key Financial Metrics · 2019

Total Revenue
$9.44M

Total Expenses
$9.44M

Net Result
$0

Unique Athletes
212

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 62.1%Women’s programs 37.9%

$5.86M
$3.58M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 222 (16.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$2.45M

Basketball

$1.36M

Soccer

$1.04M

All Track Combined

$1.02M

Lacrosse

$1.01M

Baseball

$573.8K

Softball

$439.4K

Tennis

$420.4K

Golf

$411.5K

Volleyball

$391.9K

Expense by sport

Football

$2.45M

Basketball

$1.36M

Soccer

$1.04M

All Track Combined

$1.02M

Lacrosse

$1.01M

Baseball

$573.8K

Softball

$439.4K

Tennis

$420.4K

Golf

$411.5K

Volleyball

$391.9K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 123 0 $2.45M $2.45M $0
Basketball 2 17 15 $1.36M $1.36M $0
Soccer 15 30 29 $1.04M $1.04M $0
All Track Combined 3 112 89 $1.02M $1.02M $0
Lacrosse 11 53 24 $1.01M $1.01M $0
Baseball 1 53 0 $573.8K $573.8K $0
Softball 16 0 20 $439.4K $439.4K $0
Tennis 22 11 12 $420.4K $420.4K $0
Golf 8 10 7 $411.5K $411.5K $0
Volleyball 26 0 20 $391.9K $391.9K $0
Swimming 19 19 17 $319.6K $319.6K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$44.5K

Athletes Tracked
212

Top Sport Share
Football · 25.9%

Program Count
11

Unique men
123

Unique women
89

Per-sport slots
661

Multi-sport coeff
3.12x

Coed men

Coed women

The program has 212 unique athletes filling 661 sport roster slots — a 3.12x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division II with football
Sector
Private nonprofit, 4-year or above
Total Enrollment
1,575
Revenue Tier
Top-tier (92th pct.)
Peers in Division
167 schools
Peers in North Carolina
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Limestone College SC $9.18M $0 $-256.8K
Azusa Pacific University CA $9.71M $207.4K $270.7K
Minnesota State University-Mankato MN $9.77M $25.6K $333.1K
Wingate University NC $9.84M $738.6K $409K
The University of Findlay OH $8.88M $-69K $-558.9K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $6K Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 25.9% Revenue concentration in top program
Division Percentile 92th Revenue rank within NCAA Division II with football

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