How We Raise and Spend Our Money

As a not-for-profit organisation and a registered charity, all our income is ploughed back into supporting our mission to improve the lives of learners.

How we are funded

NFER's total income for 2014/15 amounted to £11.9m, of which £11.4m was generated directly from charitable activities. We fund our work through four main sources:

How we spend our money

Total expenditure for 2014/15 was £11.6m, of which £11.4m was the cost of our charitable activities. Our main categories of expenditure are: