THE INSTITUTION OF ENGINEERING AND TECHNOLOGY

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

Financial health, per its FY2024 accounts

The accounts state that the charity's free reserves were £98.4m, significantly exceeding the stated reserves policy target range of £41.2m to £49.4m. Per the trustees' report, the organization maintains a robust financial position with unrestricted funds covering 239% of the lower end of the target range, supported by substantial investment assets.

What the accounts disclose

Accounts audited by BDO LLP.

Leadership, per the charity’s website

• Sam Hubbard — President (source)

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.

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

Reported reserves equal ~11.8 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

• Dawn Elizabeth Ohlson CEng FIETchair
• Brigadier Andrew James Rogers CEng FIET
• David Warren Arthur East CBE FIET
• Dr Graham Herries
• Dr Paul Michael Needham · trustee of 1 other charity
• Dr Simon David Hart CEng FIET
• Ian MacGillivray CEng MIET
• Justina Ho
• Kathryn Trudy Norris-Grey
• Katy Deacon CEng MIET
• Mamta Rani Singhal MBE FIET
• Mark Goudie CEng FIET
• Sam Presley
• Samantha Elizabeth Hubbard IEng FIET
• Simon Harrison · trustee of 1 other charity
• Yewande Modupe Akinola CEng FIET · trustee of 1 other charity

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

Common questions

Known funders

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

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 ROYAL ACADEMY OF ENGINEERING.

• THE ROYAL ACADEMY OF ENGINEERING income £71.8m
• THE ENGINEERING AND TECHNOLOGY BOARD income £10.0m
• INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE income £1.8m
• ENGINUITY income £15.1m
• THE NUCLEAR INSTITUTE income £1.7m
• INSTITUTE OF CAST METALS ENGINEERS income £296k