Institute of Corrosion

Analysis

Institute of Corrosion is a registered charity in England and Wales, based in Northampton. It was registered in March 1978, 48 years ago. Its declared purposes cover general charitable purposes, education/training, environment/conservation/heritage and economic/community development/employment, which this site groups under environment and conservation. Legally it is a charitable company (Companies House number 01240103). It says it provides services and provides advocacy/advice/information.

In the financial year ending June 2025, Institute of Corrosion reported income of £857k and spending of £637k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2021 to June 2025, income grew from £261k to £857k (+228%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 101%. Over the whole period it spent 82% of the income it received.

Among 4,574 England and Wales charities whose main cause is environment and conservation and that reported income, Institute of Corrosion sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Pendeen Community Heritage (£851k), The Institution of Environmental Sciences Limited (£860k) and Country Houses Foundation (£850k).

In its latest detailed accounts, income came from charitable activities 67%, donations and legacies 28%, trading 3.7% and investments 1.2%. Charitable activities took 50% of spending and raising funds 6.3%. Grants to other organisations totalled £25k. Reserves of £1.1m would cover about 12 months of spending at that rate. It employed 3 people.