Question 1

What is the mission of RACING INDUSTRY ACCIDENT BENEFIT SCHEME?

Accepted Answer

The principal objective of the charity is to provide disablement benefits for the members (various classes of employees of racehorse trainers as stated in the Scheme Rules) who have suffered financial hardship following accidental injury, disablement or death arising from, and in the course of, employment and to provide a capital lump sum in the event of serious injury or death.

Question 2

What is the financial size of RACING INDUSTRY ACCIDENT BENEFIT SCHEME?

Accepted Answer

RACING INDUSTRY ACCIDENT BENEFIT SCHEME is classified as a large charity. In the latest financial year, they reported a total income of £1,988,296 and total expenditure of £1,781,655.

Question 3

How does RACING INDUSTRY ACCIDENT BENEFIT SCHEME allocate its spending?

Accepted Answer

For every pound spent, approximately 99.6% goes directly to charitable activities. The remaining 0.4% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of RACING INDUSTRY ACCIDENT BENEFIT SCHEME?

Accepted Answer

RACING INDUSTRY ACCIDENT BENEFIT SCHEME employs 0 staff members and is supported by 0 volunteers.

Question 5

Does RACING INDUSTRY ACCIDENT BENEFIT SCHEME receive government funding?

Accepted Answer

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

Question 6

Does RACING INDUSTRY ACCIDENT BENEFIT SCHEME pay its trustees?

Accepted Answer

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

RACING INDUSTRY ACCIDENT BENEFIT SCHEME

Latest HighlightsFY 2025

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