Racing Homes

Analysis

Racing Homes is a registered charity in England and Wales, based in Newmarket. It was registered in February 2008, 18 years ago. Its declared purposes cover the prevention or relief of poverty and accommodation/housing, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 06489067). It says it provides buildings/facilities/open space and provides services.

In the financial year ending December 2025, Racing Homes reported income of £1.4m and spending of £1.3m, spending 89% of its income. Across the 5 years on record, from December 2021 to December 2025, income grew from £1.1m to £1.4m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2024, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Racing Homes sits at the 95th percentile: it is larger than about 95% of them. Against every charity in England and Wales with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Young Harrow Foundation (£1.4m), Jamiat Ul Muslimin, Manchester (£1.4m) and A Rocha International (£1.4m).

In its latest detailed accounts, income came from charitable activities 75%, donations and legacies 22% and investments 2.6%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £682k would cover about 6 months of spending at that rate. It employed 6 people.