The Institution of Engineering and Technology

Analysis

The Institution of Engineering and Technology is a registered charity in England and Wales, based in London. It was registered in February 1964, 62 years ago. Its declared purposes cover education/training, which this site groups under education and training. It says it makes grants to individuals, makes grants to organisations and provides services.

In the financial year ending December 2025, The Institution of Engineering and Technology reported income of £65.1m and spending of £70.2m, spending 108% of what it took in. Across the 5 years on record, from December 2021 to December 2025, income grew from £58.5m to £65.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 108% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Institution of Engineering and Technology sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Charterhouse School (£64.8m), Sevenoaks Education Group (£65.6m) and The Dean Close Foundation (£63.8m).

In its latest detailed accounts, income came from charitable activities 63%, trading 30% and investments 6.8%. Charitable activities took 89% of spending and raising funds 11%. Grants to other organisations totalled £967k. Reserves of £72.1m would cover about 12 months of spending at that rate. It employed 537 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.