THE INSTITUTION OF ENGINEERING AND TECHNOLOGY
Activities
As described by the charity on the register
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.
Latest income
£64.1m
Expenditure
£70.3m
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 | £52.5m | £61.9m | |
| 2021-12-31 | £58.5m | £64.5m | |
| 2022-12-31 | £67.6m | £68.8m | |
| 2023-12-31 | £66.4m | £72.3m | |
| 2024-12-31 | £64.1m | £70.3m |
Latest detailed return
Year end 2024-12-31 · consolidated (group) figures
Income mix
| Donations & legacies | £728k |
| Charitable activities | £41.8m |
| Trading | £17.3m |
| Investment income | £4.3m |
| Total income | £64.1m |
Spending
| Charitable spend | £63.1m |
| Raising funds | £7.2m |
| Grants to institutions | £421k |
| Governance | £520k |
| Total expenditure | £70.3m |
Balance sheet
| Reserves | £68.9m |
| Total funds | £190m |
| — restricted | £861k |
| — unrestricted | £173m |
| — endowment | £16.5m |
| Total assets | £190m |
| Cash | £8.2m |
People
| Employees | 576 |
Classification
The charity's own register classification
What it does
- Education/training
Who it helps
- Children/young People
- The General Public/mankind
How it works
- Makes Grants To Individuals
- Makes Grants To Organisations
- Provides Services
- Provides Advocacy/advice/information
- Sponsors Or Undertakes Research
- Other Charitable Activities
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.