Editing University College London (section)

===Finances===
In the financial year ended 31 July 2024, UCL had a total income (excluding share of joint ventures) of £2.03&nbsp;billion (2022/23 – £1.93&nbsp;billion) and a total expenditure of £1.47&nbsp;billion (2022/23 – £1.71&nbsp;billion).<ref name=finstat/> Key sources of income included £538.8&nbsp;million from research grants and contracts (2022/23 – £526.7&nbsp;million), £971.2&nbsp;million from tuition fees and education contracts (2022/23 – £929.3&nbsp;million), £228.1&nbsp;million from funding body grants (2022/23 – £236.7&nbsp;million) and £34.1&nbsp;million from donations and endowments (2022/23 – £31.5&nbsp;million).<ref name=finstat/> At year end UCL had endowments of £174.8&nbsp;million (31 July 2023 – £156.8&nbsp;million) and total net assets of £2.19&nbsp;billion (31 July 2023 – £1.61&nbsp;million).<ref name=finstat/>

A report by London Economics in 2022 found that UCL generates around £10 billion annually for the UK economy. The largest contributor to this is through the spread of its research and knowledge, which is worth £4 billion, with another £3 billion being added by the impact of UCL's own spending. Other contributions come from encouraging graduates to create jobs and investment, and from nurturing company spin-offs and start-ups. The report found that in 2018–19, UCL had supported 234 graduate start-ups and 83 spinout companies, with a total turnover of £110 million and employing almost 3,000 people. The report also found that UCL's spending supported 19,000 jobs across the UK, with over 7,000 of these being outside London.<ref name="EconomicImpact"/>