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The Royal Economic Society

To promote and foster the study of economic science, by means of publications, the annual conference and helping further the study of economics via the annual public lecture and the postgraduate conference.

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Activities & Mission

To promote and foster the study of economic science, by means of publications, the annual conference and helping further the study of economics via the annual public lecture and the postgraduate conference.

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
£1,498,151
Latest Expenditure
£1,519,185

Financial Efficiency

Program Ratio 98.9%
% of income going directly to charitable activities

Higher than 71% of UK Arts charities with income £1M to £10M (sample: 780). How is this calculated?

Overall Efficiency 97.5%
% of expenditure going to programs (vs overhead)

Higher than 59% of UK Arts charities with income £1M to £10M. How is this calculated?

Administrative Ratio 2.5%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 64% of UK Arts 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 £0
Charitable Activities £1,332,179
Other Trading £0
Investments £165,972
Other Income £0

Expenditure Categories

Charitable Expenditure £1,481,484
Raising Funds £37,701
Governance £0
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
£1,498,151
£1,519,185£1,481,484£6,257,957£6,257,95714 / 97
2023
£1,521,457
£1,769,954£1,733,621£5,837,858£5,759,60012 / 76
2022
£1,406,171
£1,562,062£1,524,969£5,780,484£5,710,84610 / 0
2021
£1,491,315
£1,950,423£1,911,374£6,698,792£6,675,3569 / 0
2020
£1,253,763
£1,312,817£1,275,362£6,838,823£6,815,5688 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about The Royal Economic Society

What does The Royal Economic Society do?

To promote and foster the study of economic science, by means of publications, the annual conference and helping further the study of economics via the annual public lecture and the postgraduate conference.

How much income did The Royal Economic Society report in 2024?

The Royal Economic Society reported total income of £1.50m and reported expenditure of £1.52m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is The Royal Economic Society?

The Royal Economic Society has a program ratio of 98.9%, meaning that share of its income goes directly to charitable activities. This is higher than 71% of UK Arts charities with income £1M to £10M (sample of 780 charities). See our methodology for how this is calculated.

When was The Royal Economic Society registered as a charity?

The Royal Economic Society was registered with the Charity Commission for England and Wales on 8 May 1964 as charity number 231508. It has been registered for 62 years.

Who runs The Royal Economic Society?

The Royal Economic Society is governed by a board of 12 trustees. The chair of trustees is Emeritus Professor Sir Vito Antonio Muscatelli. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does The Royal Economic Society operate?

The Royal Economic Society operates across 3 areas: Northern Ireland, Scotland and England And Wales.

Is The Royal Economic Society a registered charity?

Yes — The Royal Economic Society is a registered charity in England and Wales, charity number 231508.

Details

Address
Royal Economic Society
2 Dean Trench Street
Westminster
London
SW1P 3HE
Registration Date
8 May 1964
Status
Registered

Registry Information

Organisation Number
231508
Charity Number
231508

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Trustees

Emeritus Professor Sir Vito Antonio Muscatelli Chair
Dame Katharine Mary Barker CBE
Donna Leong OBE
Dr Steven Michael Proud
Katherine Sara Collyer
Kofi Adjepong-Boateng CBE
Professor Anthony James Venables CBE FBA
Professor David A Jaeger
Professor Giovanni Razzu
Professor Imran Rasul OBE
Professor Melanie Kim Jones

Sectors & Classifications

Data & trust

Register data refreshed
14 May 2026
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