Policy Exchange Limited

Analysis

Policy Exchange Limited is a registered charity in England and Wales, based in London. It was registered in March 2003, 23 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 04297905). It says it sponsors or undertakes research.

In the financial year ending September 2025, Policy Exchange Limited reported income of £3.9m and spending of £3.8m, spending 97% of its income. Across the 5 years on record, from September 2021 to September 2025, income grew from £3.4m to £3.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, Policy Exchange Limited sits at the 97th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Cvqo Ltd (£3.9m), Pownall Hall School Trust Limited (£3.9m) and National Horseracing College Limited (£3.9m).

In its latest detailed accounts, income came from donations and legacies 98% and investments 1.1%. Charitable activities took 92% of spending and raising funds 7.0%. Reserves of £2.7m would cover about 8 months of spending at that rate. It employed 21 people.