The Marine Society and Sea Cadets

Analysis

The Marine Society and Sea Cadets is a registered charity in England and Wales, based in London. It was registered in October 1962, 64 years ago. Its declared purposes cover education/training and other charitable purposes, which this site groups under education and training. It says it makes grants to individuals, makes grants to organisations and provides other finance.

In the financial year ending March 2025, The Marine Society and Sea Cadets reported income of £23.6m and spending of £19.3m, spending 82% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £14.3m to £23.6m (+65%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Marine Society and Sea Cadets 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 Monkton Combe School (£23.5m), St Albans School (£23.6m) and The Master and Fellows of the College of the Great Hall of the University Commonly Called University College in the University of Oxford (£23.4m).

In its latest detailed accounts, income came from charitable activities 60%, donations and legacies 9.6% and investments 5.2%. Gifts in wills alone brought in £12k. Charitable activities took 95% of spending and raising funds 3.4%. Grants to other organisations totalled £750k. Reserves of £41.4m would cover about 25 months of spending at that rate. It employed 181 people.