The Institute For Fiscal Studies
Also known as: The Institute for Fiscal Studies Limited, The Institute of Fiscal Studies, I F S
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.
Activities & Mission
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.
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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
Financial Efficiency
Higher than 37% of UK Beneficiary group charities with income over £10M (sample: 322). How is this calculated?
Higher than 65% of UK Beneficiary group charities with income over £10M. How is this calculated?
Lower overhead than 49% of UK Beneficiary group charities with income over £10M. (Lower overhead is generally read as more efficient.) How is this calculated?
Latest Financial Breakdown
Income Sources
Expenditure Categories
Financial Trend
Annual Returns
As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2025 | £13,081,588 | £12,072,193 | £11,952,096 | £6,061,115 | £6,061,115 | 91 / 0 |
| 2024 | £11,370,473 | £10,959,987 | £10,854,688 | £5,113,832 | £5,113,832 | 86 / 0 |
| 2023 | £10,166,930 | £9,661,499 | £9,566,265 | £4,552,680 | £4,552,680 | 80 / 0 |
| 2022 | £9,175,531 | £8,746,749 | £8,654,826 | £3,838,610 | £3,838,610 | 73 / 0 |
| 2021 | £8,771,724 | £8,476,119 | £8,418,979 | £3,409,828 | £3,279,270 | 77 / 0 |
Staff column shows: Employees / Volunteers
Frequently asked questions about The Institute For Fiscal Studies
What does The Institute For Fiscal Studies do?
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.
How much income did The Institute For Fiscal Studies report in 2025?
The Institute For Fiscal Studies reported total income of £13.08m and reported expenditure of £12.07m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.
How efficient is The Institute For Fiscal Studies?
The Institute For Fiscal Studies has a program ratio of 91.4%, meaning that share of its income goes directly to charitable activities. This is higher than 37% of UK Beneficiary group charities with income over £10M (sample of 322 charities). See our methodology for how this is calculated.
When was The Institute For Fiscal Studies registered as a charity?
The Institute For Fiscal Studies was registered with the Charity Commission for England and Wales on 12 June 1969 as charity number 258815. It has been registered for 57 years.
Who runs The Institute For Fiscal Studies?
The Institute For Fiscal Studies is governed by a board of 11 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.
Where does The Institute For Fiscal Studies operate?
The Institute For Fiscal Studies operates across 9 areas, including Australia, Brazil, Colombia and 6 others. The full list is shown on its profile.
Is The Institute For Fiscal Studies a registered charity?
Yes — The Institute For Fiscal Studies is a registered charity in England and Wales, charity number 258815.
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Registry Information
Other notable Beneficiary group charities
Major UK charities in the same primary sector, drawn from the curated priority cohort.
Trustees
Also governs 2 other charities
Also governs 2 other charities
Also governs 1 other charity
Sectors & Classifications
Also Known As
- The Institute for Fiscal Studies Limited
- The Institute of Fiscal Studies
- I F S
Data & trust
- Register data refreshed
- 2 November 2026
- Methodology
- How metrics are calculated