The Institute For Fiscal Studies

Financial Year starting	Financial Year ending	Income	Total Expenditure	Charitable Expenditure
01-Jan-2017	31-Dec-2017	£8,834,706	£8,580,811	£8,580,811
01-Jan-2018	31-Dec-2018	£8,870,307	£8,630,409	£8,630,409
01-Jan-2019	31-Dec-2019	£9,272,321	£9,093,975	£9,035,360
01-Jan-2020	31-Dec-2020	£9,802,176	£9,672,723	£9,616,790
01-Jan-2021	31-Dec-2021	£8,771,724	£8,476,119	£8,418,979

Financial Year starting	Financial Year ending	Total Income	Voluntary Income	Legacy Income	Endowment Income	Charitable Activity Income	Investment Income	Trading Income	Other Income
01-Jan-2017	31-Dec-2017	£8,834,706	£50,125	£0	£0	£0	£8,892	£8,775,689	£0
01-Jan-2018	31-Dec-2018	£8,870,307	£301	£0	£0	£0	£15,835	£8,854,171	£0
01-Jan-2019	31-Dec-2019	£9,272,321	£191,944	£0	£0	£0	£18,196	£9,056,411	£5,770
01-Jan-2020	31-Dec-2020	£9,802,176	£152,790	£0	£0	£0	£6,468	£9,642,237	£681
01-Jan-2021	31-Dec-2021	£8,771,724	£123,537	£0	£0	£0	£704	£8,647,483	£0

the objects of the institute are the advancement of education, for the benefit of the public, by promotion on a non-political basis of the study and discussion of, and the exchange and dissemination of information and knowledge concerning, the economic and social effects and influences of:4.1.1 existing taxes;4.1.2 proposed changes in fiscal systems; and4.1.3 other aspects of public policy,in each

Financial Year starting	Financial Year ending	Total Expenditure	Investment Management Costs	Grants to Institutions	Charitable Activities Costs	Governance Costs	Other Costs	Support Costs	Depreciation	Fundraising
01-Jan-2017	31-Dec-2017	£8,580,811	£0	£0	£8,580,811	£42,183	£0	£1,650,660	£42,987	£0
01-Jan-2018	31-Dec-2018	£8,630,409	£0	£0	£8,630,409	£45,633	£0	£1,707,204	£60,304	£0
01-Jan-2019	31-Dec-2019	£9,093,975	£0	£0	£9,035,360	£46,017	£0	£1,887,032	£83,062	£58,615
01-Jan-2020	31-Dec-2020	£9,672,723	£0	£9,575,492	£9,616,790	£41,298	£0	£1,996,447	£76,002	£55,933
01-Jan-2021	31-Dec-2021	£8,476,119	£0	£0	£8,418,979	£0	£0	£2,181,951	£59,594	£57,140

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