Question 1

What is the mission of RACING WELFARE?

Accepted Answer

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.

Question 2

What is the financial size of RACING WELFARE?

Accepted Answer

RACING WELFARE is classified as a large charity. In the latest financial year, they reported a total income of £5,475,586 and total expenditure of £4,638,698.

Question 3

How does RACING WELFARE allocate its spending?

Accepted Answer

For every pound spent, approximately 81.0% goes directly to charitable activities. The remaining 19.0% 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 RACING WELFARE?

Accepted Answer

RACING WELFARE employs 51 staff members and is supported by 145 volunteers.

Question 5

Does RACING WELFARE 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 WELFARE pay its trustees?

Accepted Answer

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

RACING WELFARE

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