TOTAL REV $5.81M
TOTAL EXP $5.22M
NET $585.8K

Investment Profile · FY 2019

Bowdoin College

Brunswick, Maine · NCAA Division III with football · Private nonprofit, 4-year or above · Enrollment 1,832

ZIP 04011 · IPEDS unitid 161004

Revenue Percentile (Division)
97th

Key Financial Metrics · 2019

Total Revenue
$5.81M

Total Expenses
$5.22M

Net Result
$585.8K

Unique Athletes
241

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 39 (2.2%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$950K

Ice Hockey

$540.7K

Basketball

$495.7K

Soccer

$480.1K

All Track Combined

$470.8K

Lacrosse

$468.1K

Swimming and Diving

$339.5K

Baseball

$338K

Tennis

$324.6K

Squash

$248.2K

Expense by sport

Football

$932.4K

Ice Hockey

$475.6K

Basketball

$464.7K

Soccer

$467.1K

All Track Combined

$442.3K

Lacrosse

$415K

Swimming and Diving

$274.7K

Baseball

$210.1K

Tennis

$278.7K

Squash

$216.6K

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Football 7 74 0 $950K $932.4K $17.6K
Ice Hockey 10 30 24 $540.7K $475.6K $65.1K
Basketball 2 17 15 $495.7K $464.7K $31K
Soccer 15 31 32 $480.1K $467.1K $13K
All Track Combined 3 113 128 $470.8K $442.3K $28.6K
Lacrosse 11 46 30 $468.1K $415K $53.1K
Swimming and Diving 18 22 27 $339.5K $274.7K $64.8K
Baseball 1 33 0 $338K $210.1K $127.9K
Tennis 22 10 7 $324.6K $278.7K $45.9K
Squash 17 14 13 $248.2K $216.6K $31.6K
Other Sports 29 0 39 $224.2K $205.8K $18.4K
Volleyball 26 0 16 $222.9K $193.1K $29.9K
Skiing 14 11 7 $221.5K $191.8K $29.7K
Field Hockey 6 0 22 $209.8K $202.2K $7.6K
Softball 16 0 15 $204K $185.2K $18.7K
Golf 8 9 8 $72.6K $69.6K $3K
Sailing 36 0 0 13 / 14 $0 $0 $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$24.1K

Athletes Tracked
241

Top Sport Share
Football · 16.3%

Program Count
17

Unique men
113

Unique women
128

Per-sport slots
793

Multi-sport coeff
3.29x

Coed men
13

Coed women
14

The program has 241 unique athletes filling 793 sport roster slots — a 3.29x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division III with football
Sector
Private nonprofit, 4-year or above
Total Enrollment
1,832
Revenue Tier
Top-tier (97th pct.)
Peers in Division
238 schools
Peers in Maine
18 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Amherst College MA $5.68M $385.6K $-131K
Colby College ME $6.4M $0 $585K
Trinity College CT $6.43M $1.28M $622.7K
Tufts University MA $5.15M $515.4K $-656.2K
Williams College MA $5.14M $0 $-668.4K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $3.2K Athletic revenue per enrolled student
Expense Ratio 89.9% Expenses as % of revenue
Top Sport Share 16.3% Revenue concentration in top program
Division Percentile 97th Revenue rank within NCAA Division III with football

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