Mercury Phoenix Trust

Analysis

Mercury Phoenix Trust is a registered charity in England and Wales, based in London. It was registered in August 1992, 34 years ago. Its declared purposes cover the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable trust. It says it makes grants to organisations.

In the financial year ending March 2025, Mercury Phoenix Trust reported income of £516k and spending of £891k, spending 173% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £737k to £516k (-30%), an average of -8.5% a year. The sharpest change came in the year to March 2024, when income dropped by 17%. Over the whole period it spent 127% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Mercury Phoenix Trust sits at the 84th percentile: it is larger than about 84% of them. Against every charity in England and Wales with reported income it ranks in the 90th percentile. Charities of a similar size with the same main cause include Safe Child Thailand (£516k), Water Fall (£516k) and Diocese of the Indian Orthodox Church UK, Europe and Africa (£516k).

In its latest detailed accounts, income came from donations and legacies 63%, trading 19% and investments 17%. Charitable activities took 97% of spending and raising funds 2.6%. Grants to other organisations totalled £813k. Reserves of £1.9m would cover about 25 months of spending at that rate.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.