Established in 1910, it has an evangelical foundation and outlook and is affiliated with the Australian College of Theology and the Anglican Church of Australia.

Ridley College retains a small residential theological community in the renamed Baker building (formerly Bearham).

Its stated aims are to equip its students for Christian ministries in a variety of settings, including a range of church denominations and cross-cultural contexts.

[7] The Ridley College is a government-recognised tertiary institution and a CRICOS provider, offering education to international students.

[6] In June 2008, Ridley College sold the southern half of its property to residential developers, including the Aickin, Baker, Cumnock and Larcombe buildings and the octagonal chapel designed by James Stahle.

"[11] Ridley College is located in Parkville, a residential parkland suburb roughly three kilometres from the centre of Melbourne.

The campus buildings surround two main courtyards and are used as follows: The college is used by St Jude's Church, Carlton, for two of its Sunday services.