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 £4,482,068 and total expenditure of £4,166,126.

Question 3

How does Money Ready allocate its spending?

Accepted Answer

For every pound spent, approximately 92.1% goes directly to charitable activities. The remaining 7.9% is spent on raising funds and administration. This is lower than the median for similar-sized charities (97.8%).

Question 4

What is the workforce structure of Money Ready?

Accepted Answer

Money Ready employs 72 staff members and is supported by 150 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

Latest HighlightsFY 2024

Income Sources

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OXFORD DIOCESAN BOARD OF EDUCATION

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THE NATIONAL SOCIETY (CHURCH OF ENGLAND AND CHURCH IN WALES) FOR THE PROMOTION OF EDUCATION

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