THE INSTITUTE OF PHYSICS

Registered charity 293851 · accounts filings on the Charity Commission register · also registered in Scotland as SC040092 (OSCR)

Implementation of various projects aimed to promote the advancement and dissemination of a knowledge and education in the science of physics, pure and applied.Communicating importance of physics to all audiences, increasing awareness of and participation in physics.Maintaining and increasing membership.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£82.4m
Latest spending
£83.8m
Registered
1986
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total Group incoming resources increased by £10.4m to £82.4m, driven primarily by a £10.4m rise in income from scientific publications. The Group reported a net asset position of £77.8m, an increase of £3.4m from the previous year, supported by strong customer cash receipts and improved operating margins at its publishing subsidiary.

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

What the accounts disclose

Largest income source: Scientific publications (93% of income)
“Some 93% (2023: 92%) of our incoming resources are generated from the activities of IOPP.” — page 33
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PricewaterhouseCoopers LLP. Discloses 3 of 6 completeness components.

Property (HM Land Registry)

10 registered titles in England and Wales held by the charity’s company or corporate body (6 freehold); recorded price paid £2.6m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Advertised salaries (public job ads)

Roles this charity has advertised on CharityJob, matched on the exact employer name. A different source from the statutory pay bands above: these are asking salaries for vacancies, not what anyone was paid.

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

Total income
£82.4m
Total spending
£83.8m
Cost of raising funds
£128k
Reserves (reported)
£77.8m
Employees
677

Reported reserves equal ~11.1 months of spending — above the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% 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: 0.2% 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: Ireland · Kenya · Northern Ireland · Scotland · Tanzania · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£82.4m£83.8m
31/12/2023£71.9m£78.0m
31/12/2022£74.9m£76.9m
31/12/2021£78.8m£76.9m
31/12/2020£76.7m£66.8m

Common questions

Is THE INSTITUTE OF PHYSICS financially healthy?

Per its FY2024 accounts: The accounts state that total Group incoming resources increased by £10.4m to £82.4m, driven primarily by a £10.4m rise in income from scientific publications. The Group reported a net asset position of £77.8m, an increase of £3.4m from the previous year, supported by strong customer cash receipts and improved operating margins at its publishing subsidiary. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.

Who funds THE INSTITUTE OF PHYSICS?

Funders whose own accounts filings name THE INSTITUTE OF PHYSICS as a grant recipient include THE EDUCATION ENDOWMENT FOUNDATION, ROYAL COMMISSION FOR THE EXHIBITION OF 1851, THE OGDEN TRUST.

Known funders

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

FunderYearAmountPurpose (as stated by the funder)
THE EDUCATION ENDOWMENT FOUNDATIONFY2023£75kSwitch On Reading Scale up
ROYAL COMMISSION FOR THE EXHIBITION OF 1851FY2024£53kMimi’s Tiny Adventure
THE OGDEN TRUSTFY2022£15kGrants to institutions
THE OGDEN TRUSTFY2025£250Grants to institutions
THE EDUCATION ENDOWMENT FOUNDATIONFY2022£-67kREACH (Re-grant)

Government & lottery funding

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

FunderDateAmountPurpose
UK government02/02/2025£55kInternational Year of Quantum
UK government24/04/2024£100kSpace for All Fund 2023
Greater London Authority21/03/2016£50kGrant to The Institute of Physics

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
REES JEFFREYS ROAD FUND1£40k
A G MANLY CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PHYSIOLOGICAL SOCIETY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE INSTITUTE OF PHYSICS£82.4m——within—no doubt
THE PHYSIOLOGICAL SOCIETY FY2024£4.8m——above—no doubt
INSTITUTE OF PHYSICS AND ENGINEERING IN MEDICINE FY2024£1.8m£100,001 - £110,000—unclear—no doubt
THE INSTITUTE OF MATHEMATICS AND ITS APPLICATIONS FY2024£1.3m——above—no doubt
THE INSTITUTION OF ENVIRONMENTAL SCIENCES LIMITED FY2025£860k——unclear—no doubt
CAMBRIDGE PHILOSOPHICAL SOCIETY FY2024£988k—0unclear—no doubt

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