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ROYAL INSTITUTE OF NAVIGATION

Registered charity 1117254 · accounts filings on the Charity Commission register · also known as RIN

The UK's learned society for positioning, navigation and timing. We are also a professional body, offering professional engineering registration through the UK Engineering Council.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£705k
Latest spending
£596k
Registered
2006
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £249,780 for the year ended 31 December 2024, driven by increased project income and investment gains. Per the trustees' report, unrestricted reserves stood at £460,772, which exceeds the stated policy target of holding up to £300,000 to cover unbudgeted costs or income shortfalls.

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

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — in the top quarter for charities its size (median £60k)
“Staff emoluments of £80,001 - £90,000 1”
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“Staff emoluments of £80,001 - £90,000 1”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£705k
Total spending
£596k
Cost of raising funds
£80k
Reserves (reported)
£571k
Employees
5

Reported reserves equal ~11.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (63% 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: 11.3% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Croatia · Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£705k£596k
31/12/2023£473k£486k
31/12/2022£444k£448k
31/12/2021£432k£425k
31/12/2020£391k£377k

Common questions

Is ROYAL INSTITUTE OF NAVIGATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £249,780 for the year ended 31 December 2024, driven by increased project income and investment gains. Per the trustees' report, unrestricted reserves stood at £460,772, which exceeds the stated policy target of holding up to £300,000 to cover unbudgeted costs or income shortfalls. Its FY2024 accounts were audited by Price Bailey LLP.

What does the highest-paid employee of ROYAL INSTITUTE OF NAVIGATION earn?

Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.

Who funds ROYAL INSTITUTE OF NAVIGATION?

Funders whose own accounts filings name ROYAL INSTITUTE OF NAVIGATION as a grant recipient include THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STROND.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2025£21kPublic Safety and Education
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2024£18kPublic Safety and Education
THE CORPORATION OF TRINITY HOUSE OF DEPTFORD STRONDFY2022£17kPublic Safety and Education

Government & lottery funding

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

FunderDateAmountPurpose
UK government15/05/2024£348kTPF: The Royal Institute of Navigation
UK government17/05/2023£22kDisrupting the UK inertial sensor supply chain to increase resilience and safety for self-driving vehicles
UK government17/05/2023£66kDisrupting the UK inertial sensor supply chain to increase resilience and safety for self-driving vehicles

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
INTERNATIONAL FOUNDATION FOR AIDS TO NAVIGATION1£522k
FITZGERALD FAMILY FOUNDATION1£275k
THE MCBAIN FAMILY FOUNDATION1£220k
KUSUMA TRUST UK1£195k
THE ROTHSCHILD FOUNDATION1£170k
ROYAL COMMISSION FOR THE EXHIBITION OF 18511£155k
HAYDEN FAMILY (UK) LTD.1£145k
ELRHA1£95k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL INSTITUTION OF NAVAL ARCHITECTS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ROYAL INSTITUTE OF NAVIGATION£705k£80,001 - £90,0001unclear—no doubt
ROYAL INSTITUTION OF NAVAL ARCHITECTS FY2025£1.9m£100,001 - £110,0005unclear—no doubt
ROYAL NAVY WINTER SPORTS ASSOCIATION FY2025£700k—0unclear—no doubt
THE NAUTICAL INSTITUTE FY2025£6.9m——above—no doubt
ROYAL GEOGRAPHICAL SOCIETY (WITH THE INSTITUTE OF BRITISH GEOGRAPHERS) FY2024£6.1m——above—no doubt
THE ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS FY2025£20.2m——unclear—no doubt

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