Spurgeons College

Analysis

Spurgeons College is a registered charity in England and Wales, based in Liverpool. It was registered in March 2003, 23 years ago. Its declared purposes cover education/training and religious activities, which this site groups under religion. Legally it is a charitable company (Companies House number 04418151). It says it provides services.

In the financial year ending July 2024, Spurgeons College reported income of £1.1m and spending of £3.4m, spending 301% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income fell from £1.9m to £1.1m (-41%), an average of -16% a year. The sharpest change came in the year to July 2022, when income dropped by 36%. Over the whole period it spent 207% of the income it received.

Among 20,496 England and Wales charities whose main cause is religion and that reported income, Spurgeons College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include The Chalice Well Trust (£1.1m), European Christian Mission (Britain) (£1.1m) and Wec International (£1.1m).

In its latest detailed accounts, income came from charitable activities 74%, donations and legacies 8.7% and investments 5.0%. Gifts in wills alone brought in £20k. Charitable activities took 96% of spending and raising funds 2.6%. Reserves of £313k would cover about 1 months of spending at that rate. It employed 52 people.

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