TOTAL REV $6.4M
TOTAL EXP $6.4M
NET $0

Investment Profile · FY 2019

Colby College

Waterville, Maine · NCAA Division III with football · Private nonprofit, 4-year or above · Enrollment 2,003

ZIP 049018840 · IPEDS unitid 161086

Revenue Percentile (Division)
98th

Key Financial Metrics · 2019

Total Revenue
$6.4M

Total Expenses
$6.4M

Net Result
$0

Unique Athletes
113

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 146 (7.9%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$834.6K

Ice Hockey

$787.6K

Lacrosse

$655.4K

Basketball

$540K

Skiing

$526.3K

Swimming and Diving

$453.5K

Soccer

$413.1K

Field Hockey

$292.1K

Baseball

$274.6K

Rowing

$273K

Expense by sport

Football

$834.6K

Ice Hockey

$787.6K

Lacrosse

$655.4K

Basketball

$540K

Skiing

$526.3K

Swimming and Diving

$453.5K

Soccer

$413.1K

Field Hockey

$292.1K

Baseball

$274.6K

Rowing

$273K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 76 0 $834.6K $834.6K $0
Ice Hockey 10 30 27 $787.6K $787.6K $0
Lacrosse 11 47 32 $655.4K $655.4K $0
Basketball 2 15 10 $540K $540K $0
Skiing 14 20 21 $526.3K $526.3K $0
Swimming and Diving 18 27 22 $453.5K $453.5K $0
Soccer 15 28 26 $413.1K $413.1K $0
Field Hockey 6 0 22 $292.1K $292.1K $0
Baseball 1 36 0 $274.6K $274.6K $0
Rowing 13 34 33 $273K $273K $0
Volleyball 26 0 14 $247.4K $247.4K $0
Softball 16 0 14 $222.8K $222.8K $0
Squash 17 20 14 $212.5K $212.5K $0
Track and Field, X-Country 25 23 22 $193K $193K $0
Tennis 22 12 10 $189.4K $189.4K $0
Track and Field, Indoor 23 30 37 $150K $150K $0
Track and Field, Outdoor 24 28 32 $104.1K $104.1K $0
Golf 8 13 0 $26K $26K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$56.6K

Athletes Tracked
113

Top Sport Share
Football · 13.1%

Program Count
18

Unique men
76

Unique women
37

Per-sport slots
775

Multi-sport coeff
6.86x

Coed men

Coed women

The program has 113 unique athletes filling 775 sport roster slots — a 6.86x 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
2,003
Revenue Tier
Top-tier (98th pct.)
Peers in Division
238 schools
Peers in Maine
18 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Trinity College CT $6.43M $1.28M $37.7K
Wesleyan University CT $6.51M $1.38M $113.4K
Bowdoin College ME $5.81M $585.8K $-585K
Amherst College MA $5.68M $385.6K $-716.1K
Tufts University MA $5.15M $515.4K $-1.24M

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 100.0% Expenses as % of revenue
Top Sport Share 13.1% Revenue concentration in top program
Division Percentile 98th 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.