The Catholic Christian community at Deva Matha Forane Church, Paisakary, under the Syro-Malabar Metropolitan Archdioceses of Thalassery, wanted an institution of higher learning for a long time for the higher education of its youth, and thus to bring about the all-round development of the region. Their long-cherished dream saw fruition under the able leadership of the then Vicar of Deva Matha Forane Church, Rev. Fr. John Mullakkara (2003-2005).
Deva Matha College, a self-financing venture and affiliated to the University of Kannur, started functioning from the Academic Year 2003–’04 in the ground floor of the now St. Thomas Block, under the visionary leadership of the Rev. Fr. John Mullakkara, the Founder-Manager. The College is situated on a hillock with a panoramic view as the site is encircled by the majestic mountain range which is part of the Western Ghats in the Payyavoor Panchayath, Kannur.
The College opened her portals to the rural youth, especially from the middle and lower strata of society with two Undergraduate Degree Programmes, one in Physics and another one in Chemistry. Prof. M. Rajan was appointed the first Principal. Thereafter, two more Bachelors Programmes (B. Com. in Computer Applications (2004) and B.A. in English Literature with Journalism (2005)) were added to the existing Courses of Study.
In 2005, Rev. Fr. Anthony Purayidam assumed the office of the Manger. It was due to his untiring efforts, the upper floors of the St. Thomas Block with the Auditorium was completed. Dr. P.V. Jayaprakash became the Principal in 2009. Under his watch B. Com with Co-operation (2009) and the Bachelors in Business Administration (2010) were made available.