Question 1

What is the mission of Money Ready?

Accepted Answer

Money Ready is a financial education charity dedicated to creating a financially fluent population. We believe that financial literacy should be considered a right for all because the language of money is a language for life. We work with the UK population by delivering expert-designed, high-impact financial education programmes.

Question 2

What is the financial size of Money Ready?

Accepted Answer

Money Ready is classified as a large charity. In the latest financial year, they reported a total income of £3,332,836 and total expenditure of £3,748,814.

Question 3

How does Money Ready allocate its spending?

Accepted Answer

For every pound spent, approximately 86.6% goes directly to charitable activities. The remaining 13.4% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of Money Ready?

Accepted Answer

Money Ready employs 68 staff members and is supported by 196 volunteers.

Question 5

Does Money Ready receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does Money Ready pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

Money Ready

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