The Royal College of Psychiatrists
Analysis
The Royal College of Psychiatrists is a registered charity in England and Wales, based in London. It was registered in August 1963, 63 years ago. Its declared purposes cover general charitable purposes, education/training and the advancement of health or saving of lives, which this site groups under health and saving lives. It says it provides services, provides advocacy/advice/information and sponsors or undertakes research.
In the financial year ending December 2025, The Royal College of Psychiatrists reported income of £30.6m and spending of £30.9m, spending 101% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £21.1m to £30.6m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2024, when income rose by 25%. Over the whole period it spent 100% of the income it received.
Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Royal College of Psychiatrists sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Phoenix House (£30.4m), Multiple Sclerosis Society (£30.7m) and Southern Hospice Group (£30.3m).
In its latest detailed accounts, income came from charitable activities 98% and investments 1.7%. Charitable activities took 98% of spending and raising funds 1.1%. Reserves of £13.9m would cover about 5 months of spending at that rate. It employed 421 people.
Income and spending
Where the income comes from
- Donations 0.3%
- Charitable activities 98%
- Investments 1.7%
- Other 0.5%
In the charity's own words
The Royal College of Psychiatrists promotes mental health by: 1. Promoting quality and standards in psychiatry2. Promoting recruitment and retention in psychiatry3. Delivering training, CPD, exams, and revalidation4. Being the voice of psychiatry5. Promoting research6. Supporting our members
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Phoenix House | London | £30.4m |
| Multiple Sclerosis Society | London | £30.7m |
| Southern Hospice Group | Worthing | £30.3m |
| UK Curriculum and Accreditation Body (Ukcab) | Birmingham | £30.8m |