RETHINKING ECONOMICS INTERNATIONAL
Rethinking Economics is an international network of students, academics and professionals building a better economics in society and the classroom.Through a mixture of campaigning, events and engaging projects, Rethinking Economics connects people globally to discuss and enact the change needed for the future of economics, and to propel the vital debate on what economics is today.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE EDUCATION IN ECONOMICS FOR THE PUBLIC BENEFIT.
Financial health, per its FY2025 accounts
The charity reported a surplus of £66,095 for the year, with total income increasing to £422,106 and expenditure decreasing slightly to £356,011. Unrestricted free reserves stood at £147,432, which the trustees consider to be in line with their stated reserves policy target of £144,107. The accounts state that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The strategic aim is the mean of these two numbers. For the year ended 31 March 2025, the lower limit was £92,402, upper limit £265,150 and strategic aim being £144,107.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 50
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 50
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 500
Structured financials (annual return, FY ending 31/03/2022)
Trustees
- Alexandra Bush
- Bandile Andile Nkululeko Ngidi
- Dr Mehroosh Tak
- Mads Falkenfleth Jensen
- Marie Mathilde Catherine Suberbere
- Samia Dumbuya
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £422k | £356k |
| 31/03/2024 | £310k | £360k |
| 31/03/2023 | £358k | £611k |
| 31/03/2022 | £663k | £337k |
| 31/03/2021 | £349k | £262k |
Common questions
Is RETHINKING ECONOMICS INTERNATIONAL financially healthy?
Per its FY2025 accounts: The charity reported a surplus of £66,095 for the year, with total income increasing to £422,106 and expenditure decreasing slightly to £356,011. Unrestricted free reserves stood at £147,432, which the trustees consider to be in line with their stated reserves policy target of £144,107. The accounts state that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds RETHINKING ECONOMICS INTERNATIONAL?
Funders whose own accounts filings name RETHINKING ECONOMICS INTERNATIONAL as a grant recipient include JOFFE CHARITABLE TRUST CIO, FRIENDS PROVIDENT CHARITABLE FOUNDATION, THE JOSEPH ROWNTREE CHARITABLE TRUST, THE J J CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| JOFFE CHARITABLE TRUST CIO | FY2025 | £343k | Grants to institutions |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | FY2025 | £205k | Grassroots training and practice |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | FY2025 | £150k | Building an influencer community to reclaim the ‘not enough money’ debate |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2024 | £110k | Educating, Organising and Agitating for a Better Economics in an Age of Crisis |
| THE J J CHARITABLE TRUST | FY2025 | £60k | For its university-specific ecological economics and its Doughnut Economics module campaigns. |
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2023 | £57k | UK Rethinking Economics Development – Core Funding |
| THE J J CHARITABLE TRUST | FY2024 | £55k | to deliver new research into ecological economics in UK university economics courses and lead the UK part of a global student campaign on climate and ecological |
| JOFFE CHARITABLE TRUST CIO | FY2023 | £50k | |
| JOFFE CHARITABLE TRUST CIO | FY2022 | £28k | |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | FY2021 | £5k | Core funding |
| FRIENDS PROVIDENT CHARITABLE FOUNDATION | FY2022 | £4k | Inflationary grant increase |
| JOFFE CHARITABLE TRUST CIO | FY2024 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NUFFIELD FOUNDATION | 1 | £1.0m |
| THE CHARLES WOLFSON CHARITABLE TRUST | 1 | £1.0m |
| THE SOUTH STREET GREEN ROOM FOUNDATION | 1 | £848k |
| THE SEQUOIA TRUST | 1 | £500k |
| HUO FAMILY FOUNDATION (UK) LIMITED | 1 | £492k |
| PRISM THE GIFT FUND | 1 | £469k |
| AL Philanthropies | 1 | £255k |
| THE BARROW CADBURY TRUST | 1 | £204k |
Charities like this
- THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH
- People's Economy
- GOOD THINKING
- THE SOCIAL MARKET FOUNDATION
- INSTITUTE FOR STRATEGIC DIALOGUE
- SOCIAL VALUE INTERNATIONAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RETHINKING ECONOMICS INTERNATIONAL | £422k | — | 0 | above | — | no doubt |
| THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH | £3.3m | — | — | below | — | no doubt |
| People's Economy | £563k | — | 0 | unclear | — | no doubt |
| GOOD THINKING | £354k | — | 0 | unclear | — | no doubt |
| THE SOCIAL MARKET FOUNDATION | £1.1m | — | — | unclear | — | no doubt |
| INSTITUTE FOR STRATEGIC DIALOGUE | £5.2m | — | — | above | — | no doubt |