St Margaret's Somerset Hospice

Analysis

St Margaret's Somerset Hospice is a registered charity in England and Wales, based in Taunton. It was registered in March 1980, 46 years ago. Its declared purposes cover the advancement of health or saving of lives, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 01471345). It says it provides services.

In the financial year ending March 2025, St Margaret's Somerset Hospice reported income of £15.4m and spending of £15.6m, spending 102% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £13.1m to £15.4m (+17%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, St Margaret's Somerset Hospice 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 The Brain Tumour Charity (£15.3m), Newlife the Charity for Disabled Children (£15.4m) and British Association for Counselling and Psychotherapy (£15.3m).

In its latest detailed accounts, income came from trading 46%, donations and legacies 29%, charitable activities 21% and investments 3.4%. Gifts in wills alone brought in £2.7m. Charitable activities took 58% of spending and raising funds 40%. Reserves of £9.1m would cover about 7 months of spending at that rate. It employed 267 people.