THE INSTITUTE FOR FISCAL STUDIES
Registered charity 258815 · accounts filings on the Charity Commission register · also known as I F S, THE INSTITUTE FOR FISCAL STUDIES LIMITED, THE INSTITUTE OF FISCAL STUDIES
The Institute for Fiscal Studies is a research institute which exists to provide top quality economic analysis independent of government, political party or any other vested interest. Our goal is to promote effective economic and social policies by understanding better their impact on individuals, families, businesses and the government's finances.
Causes: Education/training · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the Institute for Fiscal Studies reported a net income of £561,152 for the year ended 31 December 2024, with total reserves increasing to £5,113,832. Per the trustees' report, unrestricted reserves cover approximately 6.29 months of forecast expenditure, meeting the Board's six-month target. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Employees paid over £60,000: 35
“The total sum of these contributions was £214,505 (for 35 employees)” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: ESRC (46% of income)
“Although 46% of the income from charitable activities recognised in 2024 was provided by the ESRC” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months' forecast expenditure, excluding direct project costs (held: £5.0m)
“The target is for the General Fund to be maintained at a level to cover up to six months’ expenditure (excluding direct project costs).”
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Moore Kingston Smith LLP. Discloses 5 of 6 completeness components.
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 35 (FY2024).
Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.
Corporate structure
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- GASKELL, Kevin Harry — director, appointed 16/09/2024on trustee list
- ARMAH, Winifred — director, appointed 01/11/2023on trustee list
- DHINGRA, Swati, Prof — director, appointed 01/11/2023on trustee list
- NICHIONNA, Orna Gabrielle — director, appointed 26/06/2020on trustee list
- KANE, Peter Ronald — director, appointed 26/06/2020on trustee list
- GREGSON, David John — director, appointed 28/11/2018on trustee list
- MAWHOOD, Caroline Gillian — director, appointed 28/11/2018on trustee list
- TIMMINS, Nick James Maxwell — director, appointed 14/12/2015not on trustee list
- O'DONNELL, Augustine Thomas, The Lord — director, appointed 14/12/2015not on trustee list
- BELL, James — director, appointed 14/12/2015on trustee list
- ATHOW, Jonathan Thomas — director, appointed 15/07/2014on trustee list
Official officers record.
Public-sector contracts awarded
From the official Contracts Finder and Find a Tender notices (supplier matched by exact registered name). Contract income is distinct from grants.
Structured financials (annual return, FY ending 31/12/2025)
Cost of raising funds
£120k
Reported reserves equal ~6.0 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (87% 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: 0.9% of total income — below the median for charities its size (3.8%) (benchmarks).
- Caroline Gillian Mawhood
- DAVID JOHN GREGSON · trustee of 2 other charities
- Dr Peter Kane
- Dr Swati Dhingra · trustee of 2 other charities
- James Bell
- Jonathan Athow
- KEVIN HARRY GASKELL · trustee of 1 other charity
- LORD GUS O'DONNELL GCB
- Nicholas Timmins
- Orna Gabrielle NiChionna
- Winifred Armah
Trustee list from the Charity Commission register (current, not historical).
Operates in: Australia · Brazil · Colombia · Ethiopia · Ghana · India · Nigeria · Throughout England And Wales · Uganda
Income and spending
Common questions
Is THE INSTITUTE FOR FISCAL STUDIES financially healthy?
Per its FY2024 accounts: The accounts state that the Institute for Fiscal Studies reported a net income of £561,152 for the year ended 31 December 2024, with total reserves increasing to £5,113,832. Per the trustees' report, unrestricted reserves cover approximately 6.29 months of forecast expenditure, meeting the Board's six-month target. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds THE INSTITUTE FOR FISCAL STUDIES?
Funders whose own accounts filings name THE INSTITUTE FOR FISCAL STUDIES as a grant recipient include THE NUFFIELD FOUNDATION, JOSEPH ROWNTREE FOUNDATION, THE HEALTH FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.