Brown University Revenue Statistics

Brown University Revenue Statistics

This report analyzes Brown’s financials, including revenue, expenditure and the institution’s gains/losses. While Brown’s revenues have been increasing, its expenses have also risen accordingly.

  • As of the 2021/22 academic year, Brown University generated $1.23 billion in revenue.
  • Total revenue has increased by 27.49% since the $0.97 billion generated in 2020/21.
  • Over the given 5-year period, Brown’s revenues increased by 29.35%.
  • $412.68 million was generated through net tuition and fees (33.55% of the total revenue).
  • $263.07 million was generated through grants and contracts (21.39% of the total revenue).
  • In total, Brown University had expenses of $1.18 billion.
  • Total expenses have increased by 11.57% since the $1.06 billion spent in 2020/21.
  • $470.25 million was spent on salaries and wages (39.85% of the overall spend).
  • $181.18 million was spent on supplies and general expenses (15.35% of the overall spend).
  • From the given data, Brown made a net operating asset gain of $49.55 million for the year.

Total Brown University revenue

Net tuition and fees serve as the primary source of revenue for Brown University. Additionally, the university generates significant revenue through grants and contracts, as well as returns from its endowment.

  • As of the 2021/22 academic year, Brown University generated $1.23 billion in revenue.
  • Total revenue has increased by 27.49% since the $0.97 billion generated in 2020/21.
  • Over the given 5-year period, Brown’s revenues increased by 29.35%.
  • $412.68 million was generated through net tuition and fees.
  • Net tuition and fees made up 33.55% of the total revenue.
  • $263.07 million was generated through grants and contracts.
  • Grants and contracts made up 21.39% of the total revenue.
  • $195.06 million was generated through endowment returns appropriated.
  • Endowment returns appropriated made up 15.86% of the total revenue.
Revenue type2017/182018/192019/202020/212021/22Change vs 2020/21
Net tuition & fees$353.31 million$372.95 million$399.03 million$330.84 million$412.68 million+24.74%
Grants & contracts$190.23 million$200.91 million$209.26 million$236.05 million$263.07 million+11.44%
Contributions$112.49 million$92.24 million$100.45 million$107.45 million$128.15 million+19.26%
Endowment return appropriated$151.64 million$153.86 million$159.95 million$182.10 million$195.06 million+7.12%
Sales & services of auxiliary enterprises$100.04 million$102.71 million$86.05 million$62.90 million$128.82 million+104.79%
Other income$43.98 million$44.89 million$43.13 million$46.26 million$103.25 million+123.21%
Total$0.95 billion$0.97 billion$1.00 billion$0.97 billion$1.23 billion+27.49%

A graph is given below to show Brown’s revenue by year:

Total Brown University expenditure

Brown’s overall expenditure has been rising steadily year-on-year. The largest portion of institutional spending is allocated to salaries and wages.

  • As of the 2021/22 academic year, Brown University had expenses of $1.18 billion.
  • Total expenses have increased by 11.57% since the $1.06 billion spent in 2020/21.
  • Over the given 5-year period, Brown’s expenses increased by 24.73%.
  • $470.25 million was spent on salaries and wages.
  • Salaries and wages made up 39.85% of the overall spend.
  • $181.18 million was spent on supplies and general expenses.
  • Supplies and general expenses made up 15.35% of the overall spend.
Expense type2017/182018/192019/202020/212021/22Change vs 2020/21
Salaries & wages$376.52 million$402.64 million$421.85 million$418.85 million$470.25 million+12.27%
Employee benefits$108.99 million$114.26 million$115.30 million$127.23 million$133.84 million+5.20%
Graduate student support$75.64 million$81.75 million$89.39 million$96.14 million$98.47 million+2.42%
Purchased services$107.45 million$99.15 million$96.52 million$133.00 million$144.68 million+8.78%
Supplies & general$141.81 million$152.08 million$138.87 million$120.10 million$181.18 million+50.85%
Utilities & occupancy$31.15 million$35.67 million$35.07 million$41.36 million$41.22 million-0.34%
Interest$27.49 million$24.44 million$22.82 million$33.46 million$25.21 million-24.64%
Depreciation$78.18 million$82.94 million$86.94 million$88.83 million$86.64 million-2.47%
Total$0.95 billion$0.99 billion$1.01 billion$1.06 billion$1.18 billion+11.57%

A graph is given below to show Brown’s expenditure by year:

Total Brown University net operating assets

  • As of the 2021/22 academic year, Brown made a net operating asset gain of $49.55 million.
  • This was Brown’s highest annual gain over the given period.
  • During 2020/21, the continuing impact of the pandemic contributed to a huge drop in revenue from net tuition and fees.
  • This led to Brown suffering losses of $96.36 million, the biggest loss during the period.
  • Brown lost $14.72 million annually on average during the 5-year period.
Academic yearTotal net operating assets
2017/18+$4.46 million
2018/19-$25.36 million
2019/20-$8.90 million
2020/21-$93.36 million
2021/22+$49.55 million
(from given revenue and expenditure only)

A graph is given below to show Brown’s net operating assets by year:

Brown revenue FAQ

Where does Brown University’s funding come from?

  • Brown’s funding predominantly comes from:
    • Net tuition and fees.
    • Grants and contracts.
    • Endowment returns appropriated.

What are Brown University’s main expenses?

  • Brown’s main expenses include:
    • Salaries and wages.
    • Supplies and general expenses.
    • Purchased services.

Is Brown University for profit?

  • Part of the Ivy League, Brown University is a private, not-for-profit college that reinvests generated revenue back into the institution itself.
  • Revenue generated is able to support various areas including operations, salaries, and student services.
  • Brown’s primary goal is to achieve its educational aims through the appropriate allocatiion of revenues.