Finance Score: 0

Governance Score: 6

Support Score: 0

Liabilities <10%: +3
Excess reserves: -4
Multiple Deficits: -2
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 6

THE ROYAL ECONOMIC SOCIETY

To promote and foster the study of economic science, by means of publications, the annual conference and helping further the study of economics via the annual public lecture and the postgraduate conference.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £5,710,846 available, equivalent to 44 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

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
31/12/22		£1,406	£1,562	£-156	£37	£5,780	£5,711	43.9	10	0
31/12/21		£1,491	£1,950	£-459	£0	£6,699	£6,675	41.1	9	0
31/12/20		£1,254	£1,313	£-59	£0	£6,839	£6,816	62.3	8	0
31/12/19		£1,365	£1,650	£-286	£0	£6,575	£6,574	47.8	8	100
31/12/18		£1,404	£1,596	£-192	£0	£6,040	£6,040	45.4	5	100
31/12/17		£1,391	£1,418	£-26	£0	£6,803	£6,803	57.6	2	0
31/12/16		£1,146	£1,247	£-100	£0	£6,262	£6,262	60.3	0	0
31/12/15		£1,142	£1,296	£-154	£10	£5,505	£5,505	51	0	0
31/12/14		£1,164	£1,262	£-98	£9	£5,630	£5,630	53.6	0	0
31/12/13		£1,191	£1,265	£-74	£15	£5,579	£5,579	52.9	0	0
31/12/12		£1,230	£1,276	£-46	£14	£5,018	£5,018	47.2	0	0
31/12/11		£1,229	£1,127	£102	£19	£4,737	£4,737	50.4	0	0
31/12/10		£1,111	£980	£131	£17	£4,930	£4,930	60.4	0	0
31/12/09		£1,131	£988	£143	£15	£4,319	£4,319	52.4	0	0
31/12/08		£1,018	£981	£38	£11	£3,666	£3,666	44.9	0	0
31/12/07		£964	£953	£11	£9	£4,491	£4,491	56.5	0	0
31/12/06	*	£981	£921	£60	£0	£0	£0	n/a	0	0
31/12/05		£899	£887	£12	£0	£0	£0	n/a	0	0
31/12/04		£806	£896	£-91	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3%
Fundraising Costs/Total Spending: 2.4%
Senior Staff Costs/Total Spending: 6%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 8%
Liabilities/Income: 35%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 43.9 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.5

Asset Split ?

Established: 60 years

www.res.org.uk

resoffice@res.org.uk

02031376301

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Scientific research and testing services

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Northern Ireland, Scotland, Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups

Who works here?

10 employees

THE ROYAL ECONOMIC SOCIETY

Analysis by Giving is Great

Positives:

Financial issues to consider:

Financial Data ?

Income & Spending ?

Sources of Income ?

Financial Ratios

Asset Split ?

Listed activities

GiG Classification

How it operates

Where it operates

Who it helps

Who works here?

Who's supporting them? ?

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Legal constitution

Gift Aid

Policies in force

Filing Record

Main office

Objectives

Defined Area of Benefit:

Data Sources

Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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