Economic Impact of Cincinnati Christian University on the Cincinnati Region
Cincinnati Christian University is not only an educational institution; it is also a contributor
to the economy of the Cincinnati region.1 During fiscal year 2007, Cincinnati Christian
University’s total expenditures of $13.8 million produced an economic impact of $38.3
million, including the impact from student and visitor spending. The total impact of the
University is 2.78 times as large as its expenditures. This included household earnings
impact of $13.1 million for 571 jobs.
The total economic impact has three components- impact from operations, impact from
capital expenditures and impact from student and visitor spending. The following chart
shows the main components of total expenditures for the University during fiscal year 2007.
Cincinnati Christian University’s expenditures are paid for out of revenues that are obtained
by the University principally through tuition revenue and gifts and grants to the University.
Total revenues for the University in the 2007 fiscal year amounted to $15.0 million.
Cincinnati Christian University impacts the local economy tangibly in three ways. First is
with the impact from its operations, second is through its capital expenditures and the third is from student and visitor spending. The following table illustrates these impacts.
1 The Cincinnati region is the 15-county Cincinnati-Middletown Metropolitan Statistical Area, which includes the counties of Hamilton, Butler, Warren, Clermont, and Brown in Ohio; Boone, Kenton, Campbell, Gallatin, Grant, Pendleton, and Bracken in Kentucky; and Franklin, Dearborn, and Ohio in Indiana.