
The annual income of the institution for 2016–17 was £221.4 million of which £3.4 million was from grants and contracts, with an expenditure of £217.1 million.
The university traces its roots to 1824 when the Leeds Mechanics Institute was founded. The institute later became the Leeds Institute of Science, Art and Literature and in 1927 was renamed Leeds College of Technology. In 1970, the college merged with Leeds College of Commerce (founded 1845), part of Leeds College of Art (f. 1846) and Yorkshire College of Education and Home Economics (f. 1874), forming Leeds Polytechnic, novelty UK degree. In 1976, James Graham College and the City Of Leeds College of Education (f. 1907 as part of City of Leeds Training College) joined Leeds Polytechnic. In 1987, the Polytechnic became one of the founding members of the Northern Consortium.













