THE INSTITUTION OF MECHANICAL ENGINEERS
Activities
As described by the charity on the register
Improving the world through engineering,specifically as per the Royal Charter: The objects and purposes for which the institution is hereby constituted are to promote the development of Mechanical Engineering and to facilitate the exchange of information and ideas thereon?
Latest income
£31.9m
Expenditure
£32.6m
Financial year end
2024-12-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2020-12-31 | £21.9m | £21.0m | |
| 2021-12-31 | £22.6m | £21.9m | |
| 2022-12-31 | £28.7m | £28.5m | |
| 2023-12-31 | £30.2m | £29.1m | |
| 2024-12-31 | £31.9m | £32.6m |
Latest detailed return
Year end 2024-12-31 · consolidated (group) figures
Income mix
| Donations & legacies | £280k |
| Charitable activities | £19.5m |
| Trading | £11.0m |
| Investment income | £499k |
| Total income | £31.9m |
Spending
| Charitable spend | £22.2m |
| Raising funds | £10.4m |
| Grants to institutions | £267k |
| Governance | £4.2m |
| Total expenditure | £32.6m |
Balance sheet
| Reserves | £8.7m |
| Total funds | £33.2m |
| — restricted | £3.7m |
| — unrestricted | £17.6m |
| — endowment | £11.9m |
| Total assets | £33.2m |
| Cash | £10.1m |
People
| Employees | 222 |
Classification
The charity's own register classification
What it does
- Education/training
- Economic/community Development/employment
Who it helps
- The General Public/mankind
How it works
- Makes Grants To Individuals
- Makes Grants To Organisations
- Provides Human Resources
- Provides Buildings/facilities/open Space
- Provides Services
- Sponsors Or Undertakes Research
- Acts As An Umbrella Or Resource Body
Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.