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Policy Exchange Limited

Also known as: Policy Exchange

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

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Activities & Mission

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£4,316,531
Latest Expenditure
£3,962,168

Financial Efficiency

Program Ratio 86.7%
% of income going directly to charitable activities

Higher than 34% of UK Beneficiary group charities with income £1M to £10M (sample: 3130). How is this calculated?

Overall Efficiency 94.5%
% of expenditure going to programs (vs overhead)

Higher than 35% of UK Beneficiary group charities with income £1M to £10M. How is this calculated?

Administrative Ratio 6.4%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 32% of UK Beneficiary group charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £3,842,495
Charitable Activities £368,000
Other Trading £40,417
Investments £65,619
Other Income £0

Expenditure Categories

Charitable Expenditure £3,742,518
Raising Funds £219,650
Governance £34,469
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024
£4,316,531
£3,962,168£3,742,518£2,909,548£2,389,07225 / 0
2023
£4,021,337
£3,835,193£3,572,725£2,555,185£2,284,46727 / 0
2022
£3,951,594
£3,717,046£3,503,955£2,369,041£1,921,82924 / 0
2021
£3,396,554
£3,189,868£3,003,933£2,134,493£1,364,74224 / 0
2020
£3,348,991
£3,217,067£3,042,539£1,927,807£1,458,96024 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about Policy Exchange Limited

What does Policy Exchange Limited do?

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

How much income did Policy Exchange Limited report in 2024?

Policy Exchange Limited reported total income of £4.32m and reported expenditure of £3.96m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is Policy Exchange Limited?

Policy Exchange Limited has a program ratio of 86.7%, meaning that share of its income goes directly to charitable activities. This is higher than 34% of UK Beneficiary group charities with income £1M to £10M (sample of 3130 charities). See our methodology for how this is calculated.

When was Policy Exchange Limited registered as a charity?

Policy Exchange Limited was registered with the Charity Commission for England and Wales on 3 March 2003 as charity number 1096300. It has been registered for 23 years.

Who runs Policy Exchange Limited?

Policy Exchange Limited is governed by a board of 13 trustees. The chair of trustees is THE HON ALEXANDER DOWNER AC. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Policy Exchange Limited operate?

Policy Exchange Limited operates in England And Wales, as recorded in its Charity Commission filing.

Is Policy Exchange Limited a registered charity?

Yes — Policy Exchange Limited is a registered charity in England and Wales, charity number 1096300.

Details

Address
POLICY EXCHANGE
3RD FLOOR
1 OLD QUEEN STREET
LONDON
SW1H 9JA
Registration Date
3 March 2003
Status
Registered

Registry Information

Organisation Number
3993017
Charity Number
1096300

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Other notable Beneficiary group charities

Major UK charities in the same primary sector, drawn from the curated priority cohort.

Trustees

THE HON ALEXANDER DOWNER AC Chair
DAME PATRICIA HODGSON
DANIEL POSEN
LORD ANDREW ROBERTS OF BELGRAVIA
Also governs 3 other charities
LORD FELDMAN OF ELSTREE
LORD KARAN BILIMORIA
Also governs 3 other charities
LORD SIMON WOLFSON OF ASPLEY GUISE
NIGEL WRIGHT
Ommasalma Shah
Professor Greta Jones
SIR DAVID HARDING
SIR DAVID ORD
WILLIAM SALOMON

Sectors & Classifications

Beneficiary group Charitable activities

Also Known As

  • Policy Exchange

Data & trust

Register data refreshed
14 May 2026
Report a data issue