Myristica Trust

Analysis

Myristica Trust is a registered charity in England and Wales, based in Cardiff. It was registered in June 2002, 24 years ago. Its declared purposes cover general charitable purposes, which this site groups under grant-making and general purposes. It says it makes grants to organisations.

In the financial year ending April 2025, Myristica Trust reported income of £4.1m and spending of £4.2m, spending 103% of its income. Across the 5 years on record, from April 2021 to April 2025, income grew from £270 to £4.1m (+1528434%), an average of +1012% a year. The sharpest change came in the year to April 2024, when income rose by 253717%. Over the whole period it spent 58% of the income it received.

Among 5,976 England and Wales charities whose main cause is grant-making and general purposes and that reported income, Myristica Trust sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include TM Masonic Charitable Foundation Investment Fund (£4.0m), Monday Charitable Trust (£4.1m) and Disrupt Foundation (£4.0m).

In its latest detailed accounts, income came from donations and legacies 97% and investments 3.1%. Gifts in wills alone brought in £4.0m. Charitable activities took 100% of spending and raising funds 0.4%. Reserves of £4.2m would cover about 12 months of spending at that rate.