The Institute of Economic Affairs Limited
Analysis
The Institute of Economic Affairs Limited is a registered charity in England and Wales, based in London. It was registered in August 1969, 57 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 00755502). It says it provides services.
In the financial year ending March 2025, The Institute of Economic Affairs Limited reported income of £1.3m and spending of £2.2m, spending 161% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income fell from £2.3m to £1.3m (-43%), an average of -13% a year. The sharpest change came in the year to March 2025, when income dropped by 32%. Over the whole period it spent 116% of the income it received.
Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The Institute of Economic Affairs Limited sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Black Mountains College Project (£1.3m), Godolphin International Thoroughbred Leadership Programme Limited (£1.3m) and Fairfield P N E U School Backwell Limited (£1.3m).
In its latest detailed accounts, income came from donations and legacies 83%, investments 9.8%, trading 4.6% and charitable activities 2.2%. Charitable activities took 83% of spending and raising funds 17%. It employed 20 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.
Income and spending
Where the income comes from
- Donations 83%
- Charitable activities 2.2%
- Trading 4.6%
- Investments 9.8%
In the charity's own words
The IEA's activities include research, publications, conferences, lectures, seminars, special events, a website, blog and extensive programme of student and teacher outreach.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Black Mountains College Project | Talgarth | £1.3m |
| Godolphin International Thoroughbred Leadership Programme Limited | Newmarket | £1.3m |
| Fairfield P N E U School Backwell Limited | Bristol | £1.3m |
| Read Academy Education | Barking | £1.3m |