Cathedral Church of the Blessed Virgin Mary, Truro, Cornwall
Analysis
Cathedral Church of the Blessed Virgin Mary, Truro, Cornwall is a registered charity in England and Wales, based in Truro. It was registered in April 2024, 2 years ago. Its declared purposes cover religious activities, which this site groups under religion. It says it provides buildings/facilities/open space and provides services.
In the financial year ending December 2025, Cathedral Church of the Blessed Virgin Mary, Truro, Cornwall reported income of £2.6m and spending of £1.9m, leaving 28% of income unspent that year. Across the 2 years on record, from December 2024 to December 2025, income grew from £1.5m to £2.6m (+68%), an average of +68% a year. The sharpest change came in the year to December 2025, when income rose by 68%. Over the whole period it spent 86% of the income it received.
Among 20,496 England and Wales charities whose main cause is religion and that reported income, Cathedral Church of the Blessed Virgin Mary, Truro, Cornwall 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 97th percentile. Charities of a similar size with the same main cause include Vineyard Churches UK and Ireland (£2.6m), Jewish Joint Burial Society (£2.6m) and The Community of Interbeing UK (£2.6m).
In its latest detailed accounts, income came from donations and legacies 75%, charitable activities 9.0%, trading 8.0% and investments 2.9%. Gifts in wills alone brought in £201k. Charitable activities took 87% of spending and raising funds 10%. Reserves of £787k would cover about 5 months of spending at that rate. It employed 28 people.
Income and spending
Where the income comes from
- Donations 67%
- Legacies 7.8%
- Charitable activities 9.0%
- Trading 8.0%
- Investments 2.9%
- Other 5.2%
In the charity's own words
Truro Cathedral is first and foremost a church, the seat of the Bishop of Truro and a focus for the mission, life and work of the Church of England in Cornwall. Daily life includes worship, prayer, learning and music. We take care of the historic cathedral building, and try to influence the world for the better, welcoming everyone and walking alongside the diverse communities of the southwest.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vineyard Churches UK and Ireland | Hull | £2.6m |
| Jewish Joint Burial Society | Waltham cross | £2.6m |
| The Community of Interbeing UK | Mitcheldean | £2.6m |
| Bidwell Gospel Hall Trust | Milton Keynes | £2.6m |