The Institute of Advanced Motorists Limited
Analysis
The Institute of Advanced Motorists Limited is a registered charity in England and Wales, based in Hertfordshire. It was registered in November 1966, 60 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 00562530). It says it provides services, provides advocacy/advice/information and sponsors or undertakes research.
In the financial year ending March 2025, The Institute of Advanced Motorists Limited reported income of £6.5m and spending of £7.5m, spending 116% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £5.7m to £6.5m (+13%), an average of +3.1% a year. 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 Institute of Advanced Motorists Limited sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Ditchley Foundation (£6.4m), Ascentis (£6.5m) and Rishworth School (£6.4m).
In its latest detailed accounts, income came from donations and legacies 56%, trading 29%, charitable activities 11% and investments 3.1%. Gifts in wills alone brought in £51k. Charitable activities took 60% of spending and raising funds 38%. Reserves of £5.5m would cover about 9 months of spending at that rate. It employed 68 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 56%
- Legacies 0.8%
- Charitable activities 11%
- Trading 29%
- Investments 3.1%
In the charity's own words
IAM RoadSmart provides for the public an advanced driving and motorcycle test, and through its research into many aspects of road safety, seeks to become a significant influencer of road safety policy and practice.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Ditchley Foundation | Chipping Norton | £6.4m |
| Ascentis | Lancaster | £6.5m |
| Rishworth School | Sowerby Bridge | £6.4m |
| Beaconsfield Educational Trust Ltd | Beaconsfield | £6.5m |