TOTAL REV $6.1M
TOTAL EXP $6.68M
NET $-578.8K

Investment Profile · FY 2019

Newberry College

Newberry, South Carolina · NCAA Division II with football · Private nonprofit, 4-year or above · Enrollment 1,225

ZIP 29108 · IPEDS unitid 218414

Revenue Percentile (Division)
65th

Key Financial Metrics · 2019

Total Revenue
$6.1M

Total Expenses
$6.68M

Net Result
$-578.8K

Unique Athletes
270

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 65.4%Women’s programs 34.6%

$3.99M
$2.11M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 194 (18.8%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$1.61M

Basketball

$813.1K

Soccer

$712.2K

Lacrosse

$546.3K

Baseball

$400.6K

Wrestling

$365.4K

Volleyball

$314.2K

Tennis

$312.4K

All Track Combined

$312.4K

Golf

$288.6K

Expense by sport

Football

$1.68M

Basketball

$879.6K

Soccer

$772.3K

Lacrosse

$600K

Baseball

$436.3K

Wrestling

$388.6K

Volleyball

$333.4K

Tennis

$327.2K

All Track Combined

$474.4K

Golf

$327.1K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 197 0 $1.61M $1.68M $-72.1K
Basketball 2 26 21 $813.1K $879.6K $-66.5K
Soccer 15 44 29 $712.2K $772.3K $-60.1K
Lacrosse 11 63 26 $546.3K $600K $-53.7K
Baseball 1 57 0 $400.6K $436.3K $-35.7K
Wrestling 28 39 0 $365.4K $388.6K $-23.1K
Volleyball 26 0 24 $314.2K $333.4K $-19.3K
Tennis 22 13 11 $312.4K $327.2K $-14.8K
All Track Combined 3 100 73 $312.4K $474.4K $-162K
Golf 8 12 7 $288.6K $327.1K $-38.5K
Field Hockey 6 0 27 $227.1K $254.6K $-27.4K
Softball 16 0 32 $203.1K $208.8K $-5.7K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$22.6K

Athletes Tracked
270

Top Sport Share
Football · 26.4%

Program Count
12

Unique men
197

Unique women
73

Per-sport slots
801

Multi-sport coeff
2.97x

Coed men

Coed women

The program has 270 unique athletes filling 801 sport roster slots — a 2.97x 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
1,225
Revenue Tier
Above-median (65th pct.)
Peers in Division
167 schools
Peers in South Carolina
37 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Indiana University of Pennsylvania-Main Campus PA $6.17M $321.1K $68.3K
Bemidji State University MN $6.17M $0 $69.6K
Upper Iowa University IA $6.19M $54K $85.4K
University of West Alabama AL $6.01M $174.4K $-91.9K
William Jewell College MO $6.23M $248.3K $128.3K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 9.5% Expense shortfall as % of revenue
Revenue / Enrollment $5K Athletic revenue per enrolled student
Expense Ratio 109.5% Expenses as % of revenue
Top Sport Share 26.4% Revenue concentration in top program
Division Percentile 65th 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.