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THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY

Registered charity 1017938 · accounts filings on the Charity Commission register · also known as CIPS, THE CHARTERED INSTITUTE OF PURCHASING AND SUPPLY

To educate individuals engaged in procurement and supply.To promote and maintain high standards of professional skill, ability and integrity among procurement and supply professionals.To promote and and develop procurement and supply techniques and encourage the use of improved methods in all organisations.

Causes: Education/training · website · Get email alerts

Latest income
£42.0m
Latest spending
£41.7m
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the group reported total income of £38.7 million and a net income of £1.0 million for the year ended 31 October 2024. Per the trustees' report, unrestricted reserves stood at £7.4 million, while the group maintained a surplus in its defined benefit pension scheme of £2.7 million. The trustees confirmed adequate resources to continue in business for the foreseeable future, with no material uncertainties identified regarding going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Corporate business (53% of income)
“Corporate business income has increased substantially by 20% to £20.6 million (2023: £17.1 million) and accounts for 53% of total income.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: 3 months of operating expenses (held: £7.4m)
“The Trustees have set a targeted level of adjusted operating reserves equal to 3 months of operating expenses, based on the actual expenditure in the previous financial year.”
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: One trustee received remuneration for acting as interim CEO.
“During the period 3 April 2023 to 1 June 2023 one of the trustees assumed the position of interim Chief Executive Officer. During this period and in relation to the resposibilities undertaken in this temporary additional capacity the trustee received remuneration of £40,633 and expenses of £1,737 were reimbursed to or paid on behalf of the trustee.” — page 50
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Grant Thornton UK LLP. Discloses 4 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook (33,562 followers) · instagram (1,054 followers)

Structured financials (annual return, FY ending 31/10/2025)

Total income
£42.0m
Total spending
£41.7m
Reserves (reported)
£5.0m
Employees
251

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · China · Ghana · Singapore · South Africa · Throughout England And Wales · Turkey · United Arab Emirates · United States

Income and spending

Financial year endIncomeSpending
31/10/2025£42.0m£41.7m
31/10/2024£38.7m£37.7m
31/10/2023£34.2m£34.4m
31/10/2022£30.2m£27.9m
31/10/2021£27.3m£24.9m

Common questions

Is THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY financially healthy?

Per its FY2024 accounts: The accounts state that the group reported total income of £38.7 million and a net income of £1.0 million for the year ended 31 October 2024. Per the trustees' report, unrestricted reserves stood at £7.4 million, while the group maintained a surplus in its defined benefit pension scheme of £2.7 million. The trustees confirmed adequate resources to continue in business for the foreseeable future, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Grant Thornton UK LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
FOUNDATIONS - WHAT WORKS CENTRE FOR CHILDREN AND FAMILIES1£135k
REES JEFFREYS ROAD FUND1£40k
THE OVO CHARITABLE FOUNDATION1£37k
A G MANLY CHARITABLE TRUST1£3k
JOSEPH ROWNTREE FOUNDATION1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHARTERED QUALITY INSTITUTE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CHARTERED INSTITUTE OF PROCUREMENT AND SUPPLY£42.0m——unclear—no doubt
THE CHARTERED QUALITY INSTITUTE FY2024£7.3m——above—no doubt
THE CHARTERED INSTITUTE OF PERSONNEL AND DEVELOPMENT FY2025£53.1m——within—no doubt
THE CHARTERED INSTITUTE OF PUBLIC FINANCE AND ACCOUNTANCY FY2024£30.9m——unclear—no doubt
THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT FY2025£20.4m£365,578—below—no doubt
THE INSTITUTION OF CHEMICAL ENGINEERS FY2025£10.6m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.