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THE INSTITUTE OF ISMAILI STUDIES

Registered charity 1179135 · accounts filings on the Charity Commission register · also known as IIS

The objects of the Institute are to assist in the advancement of education and learning. Its aims include to encourage, extend, increase, disseminate and promote knowledge of, and to promote, conduct and support research into the religious, spiritual and cultural heritage of the Shia Imami Ismaili Tariqah of Islam and to conduct and support research of other religious faiths, beliefs or practices.

Causes: Education/training · website · Get email alerts

Latest income
£19.7m
Latest spending
£20.4m
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £0.7m for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £1.0m. The Trustees consider the current level of reserves sufficient to maintain short, medium, and long-term sustainability, supported by continued access to grant funding from related parties. The financial statements were prepared on a going concern basis with no material uncertainties identified by the auditors.

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

What the accounts disclose

Highest-paid employee band: £235,000 - £239,999 — above the 90th percentile for charities its size (median £130k)
“£235,000 to £239,999 1 0” — page 21
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Aga Khan University Foundation (64% of income)
“Income includes £10,150,000 (2023: £8,713,000) of grants received from Aga Khan University Foundation (AKUF)” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: The Institute does not consider it necessary to hold significant levels of reserves (held: £1.0m)
“The Institute does not consider it necessary to hold significant levels of reserves as funds can be drawn down from its regular sources each month to invest in the ongoing charitable objectives of The Institute. The Trustees consider that the current level of reserves as referred to below, together with continued access to grant funding, are sufficient to maintain the short, medium, and long-term sustainability of The Institute. The resulting cumulative unrestricted funds balance carried forward was £1.0m (2023: £1.7m) which is in line with The Institute's reserves policy” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by UHY Hacker Young LLP. Discloses 5 of 6 completeness components.

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

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

Total income
£19.7m
Total spending
£20.4m
Reserves (reported)
£1.0m
Employees
141

Reported reserves equal ~0.6 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% 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: Tajikistan · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£19.7m£20.4m
31/12/2023£18.5m£19.5m
31/12/2022£18.6m£17.6m
31/12/2021£15.7m£15.6m
31/12/2020£14.9m£15.3m

Common questions

Is THE INSTITUTE OF ISMAILI STUDIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £0.7m for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £1.0m. The Trustees consider the current level of reserves sufficient to maintain short, medium, and long-term sustainability, supported by continued access to grant funding from related parties. The financial statements were prepared on a going concern basis with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by UHY Hacker Young LLP.

What does the highest-paid employee of THE INSTITUTE OF ISMAILI STUDIES earn?

Per its FY2024 accounts, the highest-paid employee was in the £235,000 - £239,999 band.

Who funds THE INSTITUTE OF ISMAILI STUDIES?

Funders whose own accounts filings name THE INSTITUTE OF ISMAILI STUDIES as a grant recipient include AGA KHAN FOUNDATION (UNITED KINGDOM).

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
AGA KHAN FOUNDATION (UNITED KINGDOM)FY2021£416keducational programmes
AGA KHAN FOUNDATION (UNITED KINGDOM)FY2023£124kfor their educational programmes

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
THE LADY FATEMAH (A.S.) CHARITABLE TRUST1£520k
THE IMAM HUSSEIN FOUNDATION1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with AL-MAHDI INSTITUTE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE INSTITUTE OF ISMAILI STUDIES£19.7m£235,000 - £239,999—within—no doubt
AL-MAHDI INSTITUTE FY2025£1.4m—0above—no doubt
AL-SHIRKATUL ISLAMIYYAH FY2025£8.3m—0above—no doubt
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM FY2025£3.0m—0unclear—no doubt
IMAM ALI FOUNDATION FY2025£836k—0above—no doubt
DAR UL HADITH FY2024£404k—0unclear—noted

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