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Annual Report 2023/24

The Royal Society of Medicine is a UK charity and membership organisation founded in 1805, dedicated to advancing health through education, networking and innovation. In 2023/24 it delivered 365 events securing 89,000 participant registrations, made nearly 700 CPD points available, and saw content viewed 255,000 times online. Its Journal of the Royal Society of Medicine was ranked in the global top ten general medicine journals for the first time, and the RSM welcomed over 108,000 visits to its 1 Wimpole Street home.

Report snapshot
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About

Multidisciplinary specialist and general medical education events; CPD accreditation; peer-reviewed Journal of the Royal Society of Medicine; physical and online library resources; 50+ member-led specialty Sections; innovation support programme; public engagement events

Key Metrics

Key Metric 1 365 events hosted in 2023/24, securing 89,000 participant registrations across in-person, hybrid and online formats
Key Metric 2 Content from educational programmes viewed 255,000 times online; digital learning resources accessed over 55,000 times
Key Metric 3 Library and information services accessed more than 32,000 times; 101 prizes and awards made to healthcare professionals

Key Outcomes

  • Journal of the Royal Society of Medicine ranked in the global top ten general medicine journals for the first time, placing 10th out of 329 titles
  • RSM visited over 108,000 times in 2023/24, with conferencing and hospitality income rising 23% as the building returned to full use post-pandemic
  • Financial recovery plan delivered first surplus since 2018 — £0.8m net surplus against a £2.3m deficit the previous year — through income growth and operational efficiencies

Geography

London

Impact Snapshot
Key Metric 1
Total income £18,180,000 and total expenditure £18,560,000 (year ended 31 December 2024, charity no. 1084958 England/Wales and SC039654 Scotland); in 2024 spent £3.8m on...
Key Metric 2
700+ members supported through in-person visits and support calls in 2025; 697 support grants allocated in 2025 for essential items including specialist clothing, cooling...
Key Metric 3
Largest global investment in EB research to date: multi-million-pound drug repurposing trial provisionally agreed with LifeArc partner at Guy's and St Thomas' NHS Foundation...
£34,000 raised in 2025 winter appeal supporting families like Darcie's with specialist items, emotional support and research; 697 support grants delivered in 2025; first Members Connect event in Northern Ireland; EB Priorities Setting Partnership study completed providing global research roadmap
Impact Snapshot
Key Metric 1
22,507 households helped through RBL casework and specialist support services across 66 countries
Key Metric 2
22,600 grants given to those in need, totalling £11.8 million
Key Metric 3
733 beneficiaries represented at tribunals, resulting in £24.5 million in War Pensions awards
1,548 new families living with dementia supported by RBL Admiral Nurses service
Impact Snapshot
Key Metric 1
3,600 blind veterans received support across the UK; 447 new blind veterans started receiving support in 2024/25
Key Metric 2
1,598 referrals to rehabilitation services completed; 313 veterans received assistive technology training
Key Metric 3
997 volunteers donated 26,824 hours of support; befriending service awarded Quality in Befriending Excellence — one of only 11 organisations in the UK to...
1,831 National Creative Wellbeing Project packs issued to help veterans reconnect with creativity and independence
Impact Snapshot
Key Metric 1
349,000+ people completed the Know Your Risk tool to assess their risk of type 2 diabetes in 2024
Key Metric 2
£4 million invested in 17 new research projects; total active grants portfolio worth over £45 million
Key Metric 3
32% of people completing NHS England's Path to Remission programme — which Diabetes UK campaigned for — put their type 2 diabetes into remission
Type 1 Diabetes Grand Challenge invested over £23 million in 19 projects across 161 experts from 47 institutions in 8 countries since 2022