THE IPSWICH INSTITUTE READING ROOM AND LIBRARY

Registered charity 304772 · accounts filings on the Charity Commission register · also known as IPSWICH INSTITUTE, THE IPSWICH INSTITUTE

Latest income
£560k
Latest spending
£618k
Registered
1971
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operational deficit of £100,000 for the year, excluding a one-off £42,000 donation from members, though this was an improvement on the previous year's £145,000 deficit. The trustees note that the investment portfolio has fallen significantly over the past decade to meet operational shortfalls, yet unrestricted reserves remain at £800 with designated funds of £1,368,773. The trustees confirm the charity has adequate reserves to continue as a going concern for at least 12 months.

What the accounts disclose

Accounts independently examined (not a full audit).

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

Total income
£560k
Total spending
£618k
Cost of raising funds
£250k
Reserves (reported)
£939k
Employees
16

Reported reserves equal ~18.2 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2025£560k£618k
31/12/2024£518k£632k
31/12/2023£474k£616k
31/12/2022£386k£481k
31/12/2021£305k£370k

Common questions

Is THE IPSWICH INSTITUTE READING ROOM AND LIBRARY financially healthy?

The accounts state that the charity reported an operational deficit of £100,000 for the year, excluding a one-off £42,000 donation from members, though this was an improvement on the previous year's £145,000 deficit. The trustees note that the investment portfolio has fallen significantly over the past decade to meet operational shortfalls, yet unrestricted reserves remain at £800 with designated funds of £1,368,773. The trustees confirm the charity has adequate reserves to continue as a going concern for at least 12 months. Its FY2025 accounts were independently examined.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund28/09/2023£6k"1824-2024 Ipswich Institute 200th Anniversary Community Project"

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 INCORPORATED CHURCH INSTITUTE, UPPER TOOTING.