Leicester Riders Foundation

Analysis

Leicester Riders Foundation is a registered charity in England and Wales, based in Leicester. It was registered in May 2015, 11 years ago. Its declared purposes cover general charitable purposes, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 09106604). It says it provides services.

In the financial year ending November 2024, Leicester Riders Foundation reported income of £2.2m and spending of £2.2m, spending 102% of its income. Across the 4 years on record, from May 2021 to November 2024, income grew from £431k to £2.2m (+411%), an average of +72% a year. The sharpest change came in the year to November 2022, when income rose by 695%. Over the whole period it spent 97% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Leicester Riders Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in England and Wales with reported income it ranks in the 96th percentile. Charities of a similar size with the same main cause include Each Counselling and Support (£2.2m), Manchester Community Central (£2.2m) and The Shakespeare Hospice (£2.2m).

In its latest detailed accounts, income came from trading 78%, charitable activities 16%, donations and legacies 3.3% and investments 1.8%. Charitable activities took 22% of spending and raising funds 78%. Reserves of £3.4m would cover about 18 months of spending at that rate. It employed 33 people.

Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.