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the benevolent fund of the institution of mechanical engineers

The charity supports children and young people, elderly people, people with disabilities, and other defined groups. The Benevolent Fund Of The Institution Of Mechanical Engineers is a registered charity whose purpose is the prevention or relief of poverty. It delivers its work by making grants to individuals. The charity is based in London and operates in England And Wales, Australia, and various other locations.


This page summarises publicly available information about the charity, including its activities, beneficiaries, and registration details, based on official records.

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Activities & Mission

To provide help for members, former members, and dependants of both members and ex-members of the Institution of Mechanical Engineers, who are in need.

Fundraising

See where The Benevolent Fund Of The Institution Of Mechanical Engineers is active and find local fundraising opportunities.

Financial Information

Latest Income
£1,741,263
Latest Expenditure
£944,963

Financial Efficiency

Program Ratio 53.8%
% of income going directly to charitable activities
Overall Efficiency 99.2%
% of expenditure going to programs (vs overhead)
Administrative Ratio 4.0%
Overhead (fundraising + governance) as % of total expenditure

Latest Financial Breakdown

Income Sources

Donations & Legacies £439,824
Charitable Activities £0
Other Trading £0
Investments £1,301,439
Other Income £0

Expenditure Categories

Charitable Expenditure £937,400
Raising Funds £7,563
Governance £30,468
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024£1,741,263£944,963£937,400£39,576,109£10,000,0004 / 43
2023£1,273,507£1,012,847£1,005,452£35,119,356£35,119,3564 / 55
2022£1,306,677£772,548£764,310£34,005,080£34,986,6764 / 55
2021£1,267,538£729,425£721,626£34,986,676£34,986,6764 / 55
2020£1,189,793£705,278£698,036£31,147,999£2,000,0004 / 55

Staff column shows: Employees / Volunteers