THE INSTITUTION OF ENGINEERING AND TECHNOLOGY

Registered charity 211014 · accounts filings on the Charity Commission register · Wikidata: Q1164410 · Wikipedia · also known as IET, THE IET, THE INSTITUTION OF ELECTRICAL ENGINEERS · also registered in Scotland as SC038698 (OSCR)

Education, policy & awareness activities engage the public in the role of science, engineering & technology in enhancing peoples' lives. IET gathers & distributes knowledge content via a variety of channels to a global audience, drawing on the unique strengths of its membership. Membership & professional development focuses on career long professional development & registration of individuals.

Objects

TO PROMOTE THE GENERAL ADVANCEMENT OF SCIENCE, ENGINEERING & TECHNOLOGY & TO FACILITATE THE EXCHANGE OF INFORMATION AND IDEAS ON THESE SUBJECTS AMONGST THE MEMBERS OF THE IET AND OTHERWISE

Area of benefit: NATIONAL.

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

Causes: Education/training · Grant history (this charity is a funder) · website · Get email alerts

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

Received the assets of THE INSTITUTION OF INCORPORATED ENGINEERS (charity 1088681) — merger registered 07/02/2008.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£65.1m
Latest spending
£70.2m
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds free reserves of £100.1m, which is significantly above the stated target range of £44.9m to £52.5m. The group reported a net income of £6.95m for the year, supported by investment gains, despite operational losses. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Trading subsidiary: IET Services Limited, IET Conventions Limited
“Throughout 2025, the IET had two active wholly owned non-charitable trading subsidiary undertakings registered in England and Wales, IET Services Limited (IETSL), company registration number 909719, and IET Conventions Limited (IETCL), company registration number 3566585.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 3 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 31/12/2025

  • Volunteers: 3,800
  • Government income: £1,750,332 — contracts £1,750,332 (32); 3% of the £65,144,000 total gross income on the same return
  • Employees paid over £60,000: 92 (£60,001–£70,000: 35; £70,001–£80,000: 20; £80,001–£90,000: 11; £90,001–£100,000: 5; £100,001–£110,000: 4; £110,001–£120,000: 2; £120,001–£130,000: 1; £130,001–£140,000: 2; £140,001–£150,000: 5; £150,001–£200,000: 5; £200,001–£250,000: 1; £250,001–£300,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/12/2024

  • Volunteers: 3,700
  • Government income: £49,200 — contracts £49,200 (3); under 1% of the £64,082,000 total gross income on the same return
  • Employees paid over £60,000: 91 (£60,001–£70,000: 31; £70,001–£80,000: 18; £80,001–£90,000: 12; £90,001–£100,000: 5; £100,001–£110,000: 7; £110,001–£120,000: 3; £120,001–£130,000: 4; £130,001–£140,000: 3; £140,001–£150,000: 1; £150,001–£200,000: 5; £200,001–£250,000: 2)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/12/2023

  • Volunteers: 4,913
  • Government income: £60,945 — contracts £60,945 (3); under 1% of the £66,414,000 total gross income on the same return
  • Employees paid over £60,000: 80 (£60,001–£70,000: 25; £70,001–£80,000: 20; £80,001–£90,000: 9; £90,001–£100,000: 9; £100,001–£110,000: 2; £110,001–£120,000: 3; £120,001–£130,000: 2; £130,001–£140,000: 2; £140,001–£150,000: 3; £150,001–£200,000: 4; £250,001–£300,000: 1)
  • Has a trading subsidiary

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

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £85k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): instagram (13K followers)

Structured financials (annual return, FY ending 31/12/2025)

Total income
£65.1m
Total spending
£70.2m
Cost of raising funds
£7.6m
Reserves (reported)
£72.1m
Employees
537

Reported reserves equal ~12.3 months of spending — in the top quarter for charities its size (median 4.6 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: 11.7% of total income — above the median for charities its size (3.7%) (benchmarks).

Trustees · trustee networks

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

Operates in: Australia · Bahrain · Belgium · Brunei · Canada · China · Cyprus · Czech Republic · Egypt · France · Germany · Gibraltar

Income and spending

Financial year endIncomeSpending
31/12/2025£65.1m£70.2m
31/12/2024£64.1m£70.3m
31/12/2023£66.4m£72.3m
31/12/2022£67.6m£68.8m
31/12/2021£58.5m£64.5m

Common questions

Is THE INSTITUTION OF ENGINEERING AND TECHNOLOGY financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds free reserves of £100.1m, which is significantly above the stated target range of £44.9m to £52.5m. The group reported a net income of £6.95m for the year, supported by investment gains, despite operational losses. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by BDO LLP.

Who funds THE INSTITUTION OF ENGINEERING AND TECHNOLOGY?

Funders whose own accounts filings name THE INSTITUTION OF ENGINEERING AND TECHNOLOGY as a grant recipient include REES JEFFREYS ROAD FUND, A G MANLY CHARITABLE TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
REES JEFFREYS ROAD FUNDFY2023£25kEducation
REES JEFFREYS ROAD FUNDFY2022£15k2023 Faraday Challenge programme
A G MANLY CHARITABLE TRUSTFY2022£3k

Government & lottery funding

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

FunderDateAmountPurpose
UK government01/04/2021£79kUK Cyber Security Council
UK government01/04/2020£1.8mUK Cyber Security Council

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 THE INSTITUTION OF CHEMICAL ENGINEERS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE INSTITUTION OF ENGINEERING AND TECHNOLOGY£65.1m——unclear—no doubt
THE INSTITUTION OF CHEMICAL ENGINEERS FY2025£10.6m——unclear—no doubt
THE ENGINEERING AND TECHNOLOGY BOARD FY2025£10.0m£220,001 - £230,000—within—no doubt
ENGINUITY FY2026£15.8m£280,000 - £290,000—above—no doubt
ENGINEERING INTEGRITY SOCIETY FY2026£116k—0unclear—no doubt
INSTITUTE OF CAST METALS ENGINEERS FY2025£316k—0unclear—no doubt

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