The Queen Elizabeth Prize for Engineering Foundation

Analysis

The Queen Elizabeth Prize for Engineering Foundation is a registered charity in England and Wales, based in London. It was registered in June 2012, 14 years ago. Its declared purposes cover education/training, arts/culture/heritage/science and other charitable purposes, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 08077332). It says it other charitable activities.

In the financial year ending March 2025, The Queen Elizabeth Prize for Engineering Foundation reported income of £646k and spending of £2.1m, spending 325% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £777k to £646k (-17%), an average of -4.5% a year. The sharpest change came in the year to March 2025, when income dropped by 19%. Over the whole period it spent 275% of the income it received.

Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, The Queen Elizabeth Prize for Engineering Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Tioc (£645k), Hereford and Worcester Scout County (£647k) and Dartford Arts Centre (£645k).

In its latest detailed accounts, income came from investments 100%. Charitable activities took 92% of spending and raising funds 7.4%. Reserves of £24.8m would cover about 140 months of spending at that rate. It employed 5 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.