INSTITUTE FOR THE FUTURE OF WORK

Registered charity 1180718 · accounts filings on the Charity Commission register · also known as THE FUTURE OF WORK

The Institute for the Future of Work is an independent charity with a mission to shape a future in which work is better and fairer. We seek out the most pressing challenges - and seize opportunities - to (i) advance education into changes to the world of work and (ii) prevent and relieve in-work poverty through the Fourth Industrial Revolution.

Objects

(A) PROMOTE THE EDUCATION OF THE PUBLIC INTO CHANGES TO THE WORLD OF WORK WITH PARTICULAR BUT NOT EXCLUSIVE REGARD TO THE IMPACT OF TECHNOLOGY ON WORK AND SOCIETY;(B) PREVENT OR RELIEVE POVERTY IN THE CONTEXT OF THE IMPACT OF TECHNOLOGY ON WORK AND SOCIETY WITH PARTICULAR BUT NOT EXCLUSIVE REGARD TO THOSE IN NEED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE; AND(C) ADVANCE ANY SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION DETERMINE BY, IN PARTICULAR BUT NOT EXCLUSIVELY,(I) RESEARCH AND POLICY DEVELOPMENT;(II) THE DEVELOPMENT AND TESTING OF NEW AND IMPROVED WAYS OF WORKING AND SUPPORT FOR WORK;(III) RECOMMENDATIONS ON IMPROVING ALL ASPECTS OF WORK; AND(III) ADVOCACY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts

Registered contact address: City of London, London, England (from the postcode on the register)

Latest income
£993k
Latest spending
£1.0m
Registered
2018
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income was £993,111 against total expenditure of £1,030,469, resulting in a net deficit for the year. The charity holds unrestricted reserves of £381,115, which the trustees consider adequate to fund activities for the foreseeable future. The trustees confirm the charity remains a going concern.

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

What the accounts disclose

Largest income source: Grants (95% of income)
“Grants 50,000 893,847 943,847” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of forecasted total operating expenditure, or 25% of total annual planned operating expenditure (reserves figure: £381k)
“the policy of the IFOW trustees is to hold sufficient funds in reserve to cover three months of IFOW's forecasted total operating expenditure, or 25% of total annual planned operating expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/08/2025

  • Government income: £235,953 — contracts £195,350 (1), grants £40,603 (1); 24% of the £993,111 total gross income on the same return
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/08/2024

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Self-declared on the annual return for the financial year ending 31/08/2023

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£993k
Total spending
£1.0m
Cost of raising funds
£3k
Reserves (reported)
£381k
Employees
11

Reported reserves equal ~4.4 months of spending — below the median for charities its size (median 5.2 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: 0.3% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£993k£1.0m
31/08/2024£978k£808k
31/08/2023£880k£930k
31/08/2022£821k£660k
31/08/2021£350k£290k

Common questions

Is INSTITUTE FOR THE FUTURE OF WORK financially healthy?

Per its FY2025 accounts: The accounts state that total income was £993,111 against total expenditure of £1,030,469, resulting in a net deficit for the year. The charity holds unrestricted reserves of £381,115, which the trustees consider adequate to fund activities for the foreseeable future. The trustees confirm the charity remains a going concern. Its FY2025 accounts were independently examined.

Who funds INSTITUTE FOR THE FUTURE OF WORK?

Funders whose own accounts filings name INSTITUTE FOR THE FUTURE OF WORK as a grant recipient include THE NUFFIELD FOUNDATION, THE JOSEPH ROWNTREE CHARITABLE TRUST, FRIENDS PROVIDENT CHARITABLE FOUNDATION, THE EY FOUNDATION, Alex Ferry Foundation.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE NUFFIELD FOUNDATIONFY2021£1.8mThe Pissarides Review into the future of work and well-being
THE JOSEPH ROWNTREE CHARITABLE TRUSTFY2023£115kStrengthening corporate accountability for algorithmic systems and platforms at work
FRIENDS PROVIDENT CHARITABLE FOUNDATIONFY2024£97kProject Funding
THE EY FOUNDATIONFY2025£85kSupporting research into actions that will enable young people from low-income backgrounds to thrive in an evolving job market
THE NUFFIELD FOUNDATIONFY2024£79kThe Pissarides Review into the future of work and wellbeing
Alex Ferry FoundationFY2025£20kResearch Grant
Alex Ferry FoundationFY2022£15kResearch Grants
Alex Ferry FoundationFY2023£15kResearch grants

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with INSTITUTE FOR EMPLOYMENT STUDIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
INSTITUTE FOR THE FUTURE OF WORK£993k—0unclear—no doubt
INSTITUTE FOR EMPLOYMENT STUDIES FY2025£4.1m——unclear—no doubt
INTERNATIONAL INSTITUTE FOR ENVIRONMENT AND DEVELOPMENT FY2025£32.5m——unclear—no doubt
THE INSTITUTE FOR PHILANTHROPY FY2025£244k——below—no doubt
THE INSTITUTE OF INTERNATIONAL MONETARY RESEARCH FY2025£200k—0unclear—no doubt
INSTITUTE OF IMAGINATION FY2025£512k——below—no doubt

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