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THE INSTITUTION OF ENGINEERING AND TECHNOLOGY logo

THE INSTITUTION OF ENGINEERING AND TECHNOLOGY

#211014
Other•Major•Registered
www.theiet.org

Education, policy & awareness activities engage the public in the role of science, engineering & technology in enhancing peoples' lives. Iet gathers & distributes knowledge content via a variety of channels to a global audience, drawing on the unique strengths of its membership. Membership & professional development focuses on career long professional development & registration of individuals.

What they do

Education/training

Registered address

THE INSTITUTION OF ENGINEERING AND, TECHNOLOGY, 2 SAVOY PLACE, LONDON, WC2R 0BL

Latest HighlightsFY 2024

Income

All sources

£64,082,000
Expenditure

All activities

£70,300,000
Net Reserves

Unrestricted funds

£68,894,000
Total Assets

Gross assets

£216,175,000
Working Capital

Liquidity

£-14,617,000

Benchmark Performance

Comparing against 1,903 similar major charities

Compare vs:
Reserve Runway
11.8 months
Median: 3.6 monthsTop quartile
Income Growth (1yr)
-3.5%
Median: 8.2%Below typical
Spending Efficiency
89.8%
Median: 97.2%Around typical
Income Concentration
50.2%
Median: 87.1%Top quartile
Fundraising ROI
8.9x
Median: 27.3xAround typical
Income Volatility
9.4%
Median: 13.4%Around typical
Self-Generated Income
98.9%
Median: 92.1%Around typical
3-Year Income CAGR
3.1%
Median: 8.7%Below typical

Efficiency & Health

Charitable Spending
89.8%
Fundraising Eff.

% income retained

8.9%
Governance Cost

% of expenditure

0.7%
Grant Making

% given away

0.7%
Debt Ratio

% of assets

12.1%
Survival Ratio

Months of reserves

11.8 months

Income Profile

Donations & Legacies

% of income

1.1%
Government Reliance

% of income

0.1%
Largest Source

Primary income

Charitable Activities
Diversification

HHI: 5023

Highly Concentrated

Trends

Income Growth (1yr)

Year over Year

-3.5%↓
Income CAGR (3yr)

Compound growth

3.1%
Volatility

Stable

9.4%
Reserves Trend

Direction

Depleting

Governance

Employees

Staff count

576
Volunteers

Volunteer count

3,700
Volunteer Ratio

Per staff member

6.4:1
Revenue/Employee

Per head

£111,253
Trustee Benefits

Payments to trustees

No
High Earners

Earning over £60k

15.8%

Source: Charity Commission annual returns. Figures may differ from published accounts. Always verify with official charity filings for due diligence.

Charts

Income vs Expenditure
Income Sources
Assets vs Liabilities

5 Year Trend

Workforce Scale

Employees & Volunteers

Frequently Asked Questions

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