Question 1

What is the mission of REDSTART EDUCATE?

Accepted Answer

RedSTART is a financial education initiative which aims to improve the financial literacy of young people and give them the tools they need to take control of their financial future. We are creating accessible financial education materials and collaborating with partners worldwide to give one million young people confidence in handling their money.

Question 2

What is the financial size of REDSTART EDUCATE?

Accepted Answer

REDSTART EDUCATE is classified as a medium charity. In the latest financial year, they reported a total income of £941,413 and total expenditure of £925,377.

Question 3

How does REDSTART EDUCATE allocate its spending?

Accepted Answer

For every pound spent, approximately 94.3% goes directly to charitable activities. The remaining 5.7% is spent on raising funds and administration. This is lower than the median for similar-sized charities (99.0%).

Question 4

What is the workforce structure of REDSTART EDUCATE?

Accepted Answer

REDSTART EDUCATE employs 9 staff members and is supported by 1,000 volunteers.

Question 5

Does REDSTART EDUCATE receive government funding?

Accepted Answer

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

Question 6

Does REDSTART EDUCATE pay its trustees?

Accepted Answer

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

REDSTART EDUCATE

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