Question 1

What is the mission of THE INSTITUTE FOR FISCAL STUDIES?

Accepted Answer

The Institute for Fiscal Studies is a research institute which exists to provide top quality economic analysis independent of government, political party or any other vested interest. Our goal is to promote effective economic and social policies by understanding better their impact on individuals, families, businesses and the government's finances.

Question 2

What is the financial size of THE INSTITUTE FOR FISCAL STUDIES?

Accepted Answer

THE INSTITUTE FOR FISCAL STUDIES is classified as a major charity. In the latest financial year, they reported a total income of £11,370,473 and total expenditure of £10,959,987.

Question 3

How does THE INSTITUTE FOR FISCAL STUDIES allocate its spending?

Accepted Answer

For every pound spent, approximately 99.0% goes directly to charitable activities. The remaining 1.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.2%).

Question 4

What is the workforce structure of THE INSTITUTE FOR FISCAL STUDIES?

Accepted Answer

THE INSTITUTE FOR FISCAL STUDIES employs 86 staff members and is supported by 0 volunteers.

Question 5

Does THE INSTITUTE FOR FISCAL STUDIES receive government funding?

Accepted Answer

To a small extent. Approximately 29.5% of their income comes from government grants or contracts.

Question 6

Does THE INSTITUTE FOR FISCAL STUDIES pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

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