The Guild of Benevolence of the Institute of Marine Engineering, Science and Technology
Analysis
The Guild of Benevolence of the Institute of Marine Engineering, Science and Technology is a registered charity in England and Wales, based in London. It was registered in June 1969, 57 years ago. Its declared purposes cover the prevention or relief of poverty, which this site groups under poverty relief. It says it makes grants to individuals.
In the financial year ending September 2025, The Guild of Benevolence of the Institute of Marine Engineering, Science and Technology reported income of £723k and spending of £226k, leaving 69% of income unspent that year. Across the 5 years on record, from September 2021 to September 2025, income grew from £128k to £723k (+465%), an average of +54% a year. The sharpest change came in the year to September 2025, when income rose by 317%. Over the whole period it spent 61% of the income it received.
Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, The Guild of Benevolence of the Institute of Marine Engineering, Science and Technology sits at the 91st percentile: it is larger than about 91% of them. Against every charity in England and Wales with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Faiz Ul Quran Educational Institute (£723k), Fareshare North East (£723k) and Gochurch Global Ltd (£723k).
In its latest detailed accounts, income came from donations and legacies 85% and investments 15%. Gifts in wills alone brought in £600k. Charitable activities took 98% of spending and raising funds 1.3%. Reserves of £4.3m would cover about 225 months of spending at that rate. It employed 2 people.
Income and spending
Where the income comes from
- Donations 2.0%
- Legacies 83%
- Investments 15%
In the charity's own words
The Guild aims to assist generally in the relief of hardship for marine engineers, past and present members of the IMarEST, and their dependents, by making regular grants to supplement very low incomes and by making one-off grants to assist in the purchase of items essential for the recipient's wellbeing, essential home repairs, costs of respite care and with debt relief.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Faiz Ul Quran Educational Institute | Birmingham | £723k |
| Fareshare North East | Newcastle Upon Tyne | £723k |
| Gochurch Global Ltd | Salford | £723k |
| St Andrew Holborn and Stafford's Charity | London | £724k |