INSTITUTE OF WELSH AFFAIRS

Registered charity 1078435 · accounts filings on the Charity Commission register · also known as IWA

The Institute of Welsh Affairs is a membership-based think-tank and policy research institute aimed at promoting new thinking on Welsh issues. Its activities include the publication of research reports and discussion papers, and the organisation of seminars and conferences throughout Wales covering a range of interests, including the economy, education, health, and the environment.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£203k
Latest spending
£216k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity finished the year with a deficit of £13,876, contrasting with the anticipated deficit of £25,688. Per the trustees' report, free reserves stood at £162,751, which is above the revised policy target of £50,000. The trustees confirmed that the financial statements are prepared on a going concern basis.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: membership fees and donations (47% of income)
“In FY2025, membership fees and donations accounted for 47.3% of receipts” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £50,000 (held: £163k)
“The Board of Trustees approved a revised reserve policy requirement of £50,000 at the May 2024 Board meeting” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Throughout Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£203k£216k
31/03/2024£414k£402k
31/03/2023£483k£399k
31/03/2022£341k£423k
31/03/2021£450k£369k

Common questions

Is INSTITUTE OF WELSH AFFAIRS financially healthy?

Per its FY2025 accounts: The accounts state that the charity finished the year with a deficit of £13,876, contrasting with the anticipated deficit of £25,688. Per the trustees' report, free reserves stood at £162,751, which is above the revised policy target of £50,000. The trustees confirmed that the financial statements are prepared on a going concern basis. Its FY2025 accounts were independently examined.

Who funds INSTITUTE OF WELSH AFFAIRS?

Funders whose own accounts filings name INSTITUTE OF WELSH AFFAIRS as a grant recipient include THE JOSEPH ROWNTREE CHARITABLE TRUST, CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALES.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE JOSEPH ROWNTREE CHARITABLE TRUSTFY2021£135kMedia in Wales
CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALESFY2024£17kNew Audiences Fund
CYNGOR LLYFRAU CYMRU-THE BOOKS COUNCIL OF WALESFY2025£12kNew Audiences Fund

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund07/07/2020£10kCOVID-19 - Rethinking Wales: Communities