Finance Score: 4
Governance Score: -1
Support Score: 0
  • Liabilities <10%: +3
  • Good reserves management: +3
  • Multiple Deficits: -2
  • Mainly male board: -1
  • No supporters identified
Overall GiG Score: 3 ?

THE INSTITUTE OF ECONOMIC AFFAIRS LIMITED 

The IEA's activities include research, publications, conferences, lectures, seminars, special events, a website, blog and extensive programme of student and teacher outreach.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Reserves management has been consistently within official guidelines

Regulatory & Governance issues to consider:

  • The Board is predominantly male

Financial issues to consider:

  • There has been a change of accounting period recently, so trends may be hard to determine
  • On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£2,318£2,426£-108£314£3,172£1,21962212
31/03/22£2,565£2,349£216£299£3,342£1,3957.1200
31/03/21?£2,343£2,328£15£367£3,026£8734.5200
31/12/19£2,066£2,458£-393£340£2,977£7633.7190
31/12/18£2,521£2,862£-341£428£3,136£8203.4210
31/12/17£2,132£2,327£-195£367£3,616£8964.6240
31/12/16£1,913£2,355£-442£322£3,680£6283.2220
31/12/15£1,693£2,132£-439£218£3,843£8805190
31/12/14£1,922£2,408£-486£216£4,110£8534.3160
31/12/13£1,527£1,566£-39£236£4,427£1,0488130
31/12/12£1,059£1,194£-135£21£4,169£1,09811100
31/12/11£1,020£1,178£-158£20£4,115£1,13311.5110
31/12/10£896£1,224£-328£178£4,355£1,85018.1100
31/12/09£1,437£1,416£21£68£4,459£2,10417.8120
31/12/08£1,905£1,342£563£48£4,158£1,93217.3120
31/12/07*£2,632£1,252£1,380£255£4,064£2,20221.1120
31/12/06*£1,588£1,293£295£0£0£0n/a00
31/12/05*£1,137£1,168£-31£0£0£0n/a00
31/12/04*£1,003£1,191£-188£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 14.2%
Fundraising Costs/Total Spending: 12.9%
Senior Staff Costs/Total Spending: 21%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 3%
Liabilities/Income: 5%
Unrestricted Funds/Total Funds: 38%
Reserves/Spending: 6 months
Net Current Assets/Spending: 3 months
Quick Ratio: 3.4
Asset Split ?
Established: 55 years
(61 years as a company)

www.iea.org.uk

companysecretary@iea.org.uk

02077998900

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
GiG Classification
  • Scientific research and testing services
How it operates
  • Provides services
Where it operates
  • Belgium, Throughout London,
Who it helps
  • The General Public/Mankind
Who works here?
  • 22 employees
  • 12 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)
Current Trustees appointed
Gender Split

Age Range of Trustees: 53-78
  • BRUNO PRIOR Appointed: 2013, Occupation: Company Director
  • KEVIN BELL Appointed: 2002, Occupation: Managing Director
Legal constitution
  • Charitable company registered in England & Wales on 25/08/1969, number: 235351
  • Registered at Companies House on 29/03/1963, number: 00755502
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
19 returns made; AR07: 25 days late, AR06: 166 days late, AR05: 96 days late, AR04: 21 days late,
Recent reorganisation events:
  • Asset transfer in from NIGEL VINSON CHARITABLE TRUST on 12/12/2023
Main office

2 LORD NORTH STREET
LONDON
SW1P 3LB

Objectives

THE PROMOTION AND ADVANCEMENT OF LEARNING BY RESEARCH INTO ECONOMIC AND POLITICAL SCIENCE AND BY EDUCATING THE PUBLIC THEREIN. (FOR FURTHER DETAILS SEE CL 3(A) TO (C) AND (A) TO (Q))

Defined Area of Benefit:

NATIONAL

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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