St Mary Magdalene and Holy Jesus Trust
Analysis
St Mary Magdalene and Holy Jesus Trust is a registered charity in England and Wales, based in Newcastle Upon Tyne. It was registered in November 1963, 63 years ago. Its declared purposes cover the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. It says it makes grants to individuals, makes grants to organisations and provides human resources.
In the financial year ending March 2025, St Mary Magdalene and Holy Jesus Trust reported income of £2.2m and spending of £1.7m, leaving 22% of income unspent that year. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.6m to £2.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to March 2024, when income rose by 18%. Over the whole period it spent 88% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, St Mary Magdalene and Holy Jesus Trust 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 96th percentile. Charities of a similar size with the same main cause include Project S.e.e.d. Limited (£2.2m), Trelya (£2.2m) and Charity for St Joseph's Missionary Society (British Region) (£2.2m).
In its latest detailed accounts, income came from investments 65% and charitable activities 35%. Charitable activities took 74% of spending and raising funds 23%. Reserves of £500k would cover about 3 months of spending at that rate. It employed 8 people.
Income and spending
Where the income comes from
- Charitable activities 35%
- Investments 65%
In the charity's own words
Provision of housing - almshouses - for older persons who are in need, hardship or distress within Newcastle upon Tyne. Payments for the relief in need of the Brethren and Sisters of the Hospitals of Thomas Davison, Ann Davison and Sir Walter Blackett. Making grants to, & provide or pay for items, services & facilities for individuals & organisations who are in need, hardship or distress.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project S.e.e.d. Limited | Middlesex | £2.2m |
| Trelya | Penzance | £2.2m |
| Charity for St Joseph's Missionary Society (British Region) | Houghton Le Spring | £2.2m |
| The Baca Charity | Northampton | £2.2m |