Racing Welfare

The charity provides support for those working in or retired from the horseracing and thoroughbred industry including: provision of occupational health and mental health services; a 24 hour support line; advice and guidance; community events for working and retired staff; grants to individuals and organisations; housing; career advice and training support.

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Activities & Mission

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Country

Scotland

Region

England And Wales

Financial Information

Latest Income

£4,277,898

Latest Expenditure

£5,001,957

Financial Efficiency

Program Ratio 95.9%

% of income going directly to charitable activities

Higher than 57% of UK Charitable activities charities with income £1M to £10M (sample: 1335). How is this calculated?

Overall Efficiency 82.0%

% of expenditure going to programs (vs overhead)

Higher than 18% of UK Charitable activities charities with income £1M to £10M. How is this calculated?

Administrative Ratio 19.8%

Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 15% of UK Charitable activities charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £1,952,542

Charitable Activities £1,117,653

Other Trading £932,496

Investments £271,407

Other Income £3,800

Expenditure Categories

Charitable Expenditure £4,102,744

Raising Funds £899,213

Governance £92,746

Grants to Institutions £104,612

Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2024	£4,277,898	£5,001,957	£4,102,744	£30,046,127	£11,030,000	50 / 192
2023	£5,031,142	£5,359,829	£4,801,952	£30,004,471	£11,898,000	55 / 172
2022	£4,269,265	£4,952,462	£4,376,355	£29,775,601	£12,900,000	57 / 140
2021	£4,669,155	£4,418,460	£3,656,783	£32,057,465	£13,963,000	52 / 132
2020	£5,355,738	£3,703,672	£3,305,110	£29,847,903	£12,557,411	47 / 76

Staff column shows: Employees / Volunteers

Frequently asked questions about Racing Welfare

What does Racing Welfare do?

How much income did Racing Welfare report in 2024?

Racing Welfare reported total income of £4.28m and reported expenditure of £5.00m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is Racing Welfare?

Racing Welfare has a program ratio of 95.9%, meaning that share of its income goes directly to charitable activities. This is higher than 57% of UK Charitable activities charities with income £1M to £10M (sample of 1335 charities). See our methodology for how this is calculated.

When was Racing Welfare registered as a charity?

Racing Welfare was registered with the Charity Commission for England and Wales on 8 December 2000 as charity number 1084042. It has been registered for 26 years.

Who runs Racing Welfare?

Racing Welfare is governed by a board of 11 trustees. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Racing Welfare operate?

Racing Welfare operates across 2 areas: Scotland and England And Wales.

Is Racing Welfare a registered charity?

Yes — Racing Welfare is a registered charity in England and Wales, charity number 1084042.