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The Institute of Economic Affairs Limited

Registered · see notesRegistered charity number 235351LondonEducation and training
Income£1.3m2025-03-31
Spending£2.2msame year
Spent / received116%5-year average
Size in its cause94th pctEducation and training
Registered1969Charitable company
Employees20latest return

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

£0£746k£1.5m£2.2m£3.0m2021 Income: £2,343,0002021 Spending: £2,328,00020212022 Income: £2,565,0002022 Spending: £2,349,00020222023 Income: £2,318,0002023 Spending: £2,426,00020232024 Income: £1,975,0002024 Spending: £2,985,00020242025 Income: £1,339,6742025 Spending: £2,152,1842025
IncomeSpending

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

CharityLocationIncome
Black Mountains College ProjectTalgarth£1.3m
Godolphin International Thoroughbred Leadership Programme LimitedNewmarket£1.3m
Fairfield P N E U School Backwell LimitedBristol£1.3m
Read Academy EducationBarking£1.3m