Catholic Distance University Inc

Organization Overview

Catholic Distance University Inc is located in Charles Town, WV. The organization was established in 1983. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2023, Catholic Distance University Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Distance University Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Catholic Distance University Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.3m during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF CATHOLIC DISTANCE UNIVERSITY IS TO COMMUNICATE THE MIND AND HEART OF THE CHURCH IN A DIGITAL WORLD. USING DISTANCE EDUCATION, THE UNIVERISTY EDUCATES TEACHERS AND LEARNERS WORLDWIDE IN CATHOLIC THEOLOGY, THE LIBERAL ARTS, AND FAITH DEVELOPMENT FOR THE GROWTH OF FAITH, ECCLESIAL SERVICE AND LEADERSHIP FOR THE NEW EVANGELIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE STUDENTS WITH UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS IN THEOLOGY AND LIBERAL ARTS, AND CONTINUING EDUCATION COURSES IN CATECHETICAL TRAINING. STUDENT COURSE ENROLLMENT WAS APPROXIMATELY 1264 DURING THE REPORTING FISCAL YEAR. THESE STUDENTS ENROLLED IN APPROXIMATELY 147 COURSES OFFERED BY THE UNIVERSITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,095,216
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,095,216
Total Program Service Revenue$950,128
Investment income $11,613
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $91,290
Net Income from Fundraising Events $230,969
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,379,216

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