Red Balloons

Analysis

Red Balloons is a registered charity in England and Wales, based in Cleveland. It was registered in May 2021, 5 years ago. Its declared purposes cover general charitable purposes, the advancement of health or saving of lives and economic/community development/employment, which this site groups under health and saving lives. Legally it is a charitable incorporated organisation (CIO). It says it provides services and provides advocacy/advice/information.

In the financial year ending May 2025, Red Balloons reported income of £305k and spending of £184k, leaving 40% of income unspent that year. Across the 4 years on record, from May 2022 to May 2025, income grew from £39k to £305k (+672%), an average of +98% a year. The sharpest change came in the year to May 2024, when income rose by 206%. Over the whole period it spent 62% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, Red Balloons sits at the 78th percentile: it is larger than about 78% of them. Against every charity in England and Wales with reported income it ranks in the 86th percentile. Charities of a similar size with the same main cause include Heartbeat Trust UK (£305k), Destiny International Christian Assembly (£305k) and The League of Friends of the Bexhill Hospital CIO (£305k).