The College of St Mary Magdalene in the University of Cambridge
Analysis
The College of St Mary Magdalene in the University of Cambridge is a registered charity in England and Wales, based in Cambridge. It was registered in August 2010, 16 years ago. Its declared purposes cover education/training, which this site groups under education and training. It says it makes grants to individuals, provides services and sponsors or undertakes research.
In the financial year ending June 2025, The College of St Mary Magdalene in the University of Cambridge reported income of £15.1m and spending of £14.8m, spending 98% of its income. Across the 5 years on record, from June 2021 to June 2025, income grew from £10.3m to £15.1m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 95% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The College of St Mary Magdalene in the University of Cambridge sits at the 99th percentile: it is larger than about 99% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Selwyn College Cambridge (£15.1m), The Principal and Fellows of Mansfield College in the University of Oxford (£15.1m) and Queenswood School Limited (£15.1m).
In its latest detailed accounts, income came from charitable activities 36%, donations and legacies 35%, investments 21% and trading 7.4%. Gifts in wills alone brought in £4.6m. Charitable activities took 75% of spending and raising funds 16%. Reserves of £8.9m would cover about 7 months of spending at that rate. It employed 170 people.
Income and spending
Where the income comes from
- Donations 12%
- Legacies 23%
- Charitable activities 36%
- Trading 7.4%
- Investments 21%
- Other 1.4%
In the charity's own words
The provision of education to undergraduate and graduate students. The advancement of knowledge and learning by supporting research pursued by academics and by funding research fellowships. The College maintains the Pepys Library, a collection of international significance, which provides an educational resource.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Selwyn College Cambridge | Cambridge | £15.1m |
| The Principal and Fellows of Mansfield College in the University of Oxford | Oxford | £15.1m |
| Queenswood School Limited | Hertfordshire | £15.1m |
| Leeds University Union | Leeds | £15.3m |