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EWTN Net Worth & Earnings

Updated
EWTN Net Worth & Earnings (2024)

EWTN, short for Eternal Word Television Network, is a renowned religious network that has gained global recognition. Founded by Mother Angelica, a visionary nun with a head for business, EWTN has become the largest religious network in the world. Its success can be attributed to the support of both smaller donors and a select group of wealthy contributors.

Mother Angelica's financial strategy, which she referred to as "a theology of risk," played a crucial role in EWTN's early years.

However, several early individual donors are named in the biography of Mother Angelica. Peter Grace of the Grace Foundation provided loans exceeding $750,000, while Joe and Lee Bruno, owners of Birmingham's Bruno's supermarket chain, gifted EWTN with a mobile production facility worth over $600,000. Additionally, New Orleans banker and real estate developer Joseph Canizaro gave Mother Angelica $1 million, and the Bombergers of Florida contributed at least $150,000.

Another significant donor was Harry G. John, the controversial heir to the Miller Brewing fortune, through his De Rance Foundation. Although the foundation dissolved in 1992 due to John's mismanagement, he had attempted to establish his own conservative Catholic media outlet. Mother Angelica sold re-broadcasts of her shows and talks to Santa Fe Communications.

The largest early individual donor, however, was Dutch millionaire Piet Derksen. After a brief meeting with Mother Angelica in a Rome hotel lobby, Derksen generously provided $23 million to start EWTN's first short-wave radio station, WEWN. Derksen, who made his fortune from a chain of sports stores, passed away in 1996.

In addition to individual donors, foundations and groups such as the Knights of Columbus, the Cardinal Bernard Law Foundation, and the German-based Aid to the Church have also contributed to EWTN's growth.

By 1998, EWTN had amassed $877.3 thousand in assets and received annual contributions of $877.3 thousand. Today, EWTN's financial status is more complex due to its diversified empire. In 2016, EWTN reported total revenue of $877.3 thousand, net assets of $877.3 thousand, net income of $877.3 thousand, and $877.3 thousand in salaries for its 371 employees. Previous reports indicate total contributions from 2013-2017 amounting to $877.3 thousand.

While EWTN's financial success is evident, it is important to note that the network operates as a 501c3 nonprofit and is just one financial entity within the larger EWTN organization.

The Education channel EWTN has attracted 885 thousand subscribers on YouTube. It was founded in 2006.

There’s one question everybody wants answered: How does EWTN earn money? Not many have a close idea of EWTN's true income, but a few have made estimations.

Table of Contents

  1. EWTN net worth
  2. EWTN earnings

What is EWTN's net worth?

EWTN has an estimated net worth of about $877.3 thousand.

EWTN's finalized net worth is not publicly reported, but networthspot.com thinks it to be at roughly $877.3 thousand.

The $877.3 thousand estimate is only based on YouTube advertising revenue. Meaning, EWTN's net worth could truly be much more. In fact, when considering additional sources of income for a influencer, some estimates place EWTN's net worth as high as $1.23 million.

While EWTN, the largest religious network in the world, owes much of its success to the generous donations of its viewers, there are additional revenue sources that have contributed to its growth and expansion. These sources, ranging from individual donors to foundations and groups, have played a significant role in supporting EWTN's mission and ensuring its continued success.

Individual Donors

From the early days of EWTN, individual donors have played a crucial role in its financial stability. Wealthy contributors, both named and unnamed, have provided substantial financial support to the network.

Other notable individual donors include Peter Grace of the Grace Foundation, who provided loans exceeding $750,000, and Joe and Lee Bruno of Birmingham's Bruno's supermarket chain, who gifted EWTN with a mobile production facility worth over $600,000. Additionally, New Orleans banker and real estate developer Joseph Canizaro gave Mother Angelica $1 million, while the Bombergers of Florida contributed at least $150,000.

Foundations and Groups

In addition to individual donors, foundations and groups have also played a significant role in supporting EWTN. The Knights of Columbus, the Cardinal Bernard Law Foundation, and the German-based Aid to the Church are among the organizations mentioned in the biography of Mother Angelica written by EWTN anchor Raymond Arroyo.

Other Revenue Streams

EWTN's empire has expanded beyond its television programming. The network includes several print publishing arms, which contribute to its overall revenue. While specific details about these additional revenue sources are not provided, it is evident that EWTN has strategically diversified its operations to ensure financial stability and growth.

Overall, the combination of individual donors, foundations, and groups, along with additional revenue streams such as re-broadcasting and print publishing, have contributed to EWTN's financial success. These diverse sources of income have allowed the network to expand its reach and continue its mission of spreading the Catholic narrative worldwide.

How much does EWTN earn?

EWTN earns an estimated $219.32 thousand a year.

There’s one question that every EWTN fan out there just can’t seem to get their head around: How much does EWTN earn?

On average, EWTN's YouTube channel gets 3.66 million views a month, and around 121.85 thousand views a day.

Monetized YouTube channels earn revenue by playing ads for every one thousand video views. YouTube channels may earn anywhere between $3 to $7 per one thousand video views. With this data, we predict the EWTN YouTube channel generates $14.62 thousand in ad revenue a month and $219.32 thousand a year.

Net Worth Spot may be using under-reporting EWTN's revenue though. If EWTN makes on the top end, video ads could bring in up to $394.78 thousand a year.

YouTubers rarely have one source of income too. Influencers may promote their own products, get sponsorships, or generate revenue with affiliate commissions.

What could EWTN buy with $877.3 thousand?What could EWTN buy with $877.3 thousand?

 


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