the institution of engineering and technology
Activities & Mission
Education, policy & awareness activities engage the public in the role of science, engineering & technology in enhancing peoples' lives. IET gathers & distributes knowledge content via a variety of channels to a global audience, drawing on the unique strengths of its membership. Membership & professional development focuses on career long professional development & registration of individuals.
Fundraising
See where The Institution Of Engineering And Technology is active and find local fundraising opportunities.
Country
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Financial Information
Latest Income
£64,082,000
Latest Expenditure
£70,300,000
Financial Efficiency
Program Ratio 98.5%
% of income going directly to charitable activities
Overall Efficiency 89.8%
% of expenditure going to programs (vs overhead)
Administrative Ratio 10.9%
Overhead (fundraising + governance) as % of total expenditure
Latest Financial Breakdown
Income Sources
Donations & Legacies £728,000
Charitable Activities £41,767,000
Other Trading £17,301,000
Investments £4,286,000
Other Income £0
Expenditure Categories
Charitable Expenditure £63,139,000
Raising Funds £7,161,000
Governance £520,000
Grants to Institutions £421,000
Other Expenditure £0
Financial Trend
Annual Returns
| Financial Year | Income | Expenditure | Charitable Spending | Net Assets | Reserves | Staff |
|---|---|---|---|---|---|---|
| 2024 | £64,082,000 | £70,300,000 | £63,139,000 | £189,965,000 | £68,894,000 | 576 / 3700 |
| 2023 | £66,414,000 | £72,318,000 | £65,859,000 | £183,946,000 | £167,885,000 | 608 / 4913 |
| 2022 | £67,565,000 | £68,826,000 | £64,204,000 | £176,826,000 | £157,882,000 | 634 / 4700 |
| 2021 | £58,545,000 | £64,532,000 | £62,279,000 | £196,155,000 | £172,042,000 | 636 / 4813 |
| 2020 | £52,533,000 | £61,867,000 | £59,640,000 | £186,298,000 | £170,208,000 | 670 / 4508 |
Staff column shows: Employees / Volunteers
Details
Address
THE INSTITUTION OF ENGINEERING AND
TECHNOLOGY
2 SAVOY PLACE
LONDON
WC2R 0BL
TECHNOLOGY
2 SAVOY PLACE
LONDON
WC2R 0BL
Email
governance@theiet.orgWebsite
www.theiet.orgRegistration Date
6 February 1964
Status
Registered
Registry Information
Organisation Number
211014
Charity Number
211014
Trustees
Katy Deacon CEng MIET
Samantha Elizabeth Hubbard IEng FIET
Yewande Modupe Akinola CEng FIET
Dr Simon David Hart CEng FIET
David Warren Arthur East CBE FIET
Dawn Elizabeth Ohlson CEng FIET
Brigadier Andrew James Rogers CEng FIET
Mamta Rani Singhal MBE FIET
Mark Goudie CEng FIET
Ian MacGillivray CEng MIET
Professor Paul Michael Needham CEng FIET
Sam Presley
Kathryn Trudy Norris-Grey
Simon Harrison
Dr Graham Herries
Justina Ho
Sectors & Classifications
Also Known As
- IET
- THE IET
- THE INSTITUTION OF ELECTRICAL ENGINEERS