Racing Welfare

Analysis

Racing Welfare is a registered charity in England and Wales, based in Newmarket. It was registered in December 2000, 26 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, the prevention or relief of poverty and accommodation/housing, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 04116279). It says it makes grants to individuals, makes grants to organisations and provides buildings/facilities/open space.

In the financial year ending December 2025, Racing Welfare reported income of £5.5m and spending of £4.6m, spending 85% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £4.7m to £5.5m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2025, when income rose by 28%. Over the whole period it spent 103% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Racing Welfare sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include First Light South West Ltd (£5.5m), Kent Association for the Blind (£5.5m) and The Children's Hospital Charity (£5.4m).

In its latest detailed accounts, income came from donations and legacies 54%, charitable activities 21%, trading 18% and investments 6.9%. Gifts in wills alone brought in £161k. Charitable activities took 79% of spending and raising funds 19%. Grants to other organisations totalled £80k. Reserves of £12.9m would cover about 33 months of spending at that rate. It employed 51 people.