Racing Industry Accident Benefit Scheme

Analysis

Racing Industry Accident Benefit Scheme is a registered charity in England and Wales, based in Hungerford. It was registered in January 1981, 45 years ago. Its declared purposes cover disability, which this site groups under disability. Legally it is a charitable trust. It says it makes grants to individuals.

In the financial year ending March 2025, Racing Industry Accident Benefit Scheme reported income of £2.0m and spending of £1.8m, spending 90% of its income. Across the 5 years on record, from March 2021 to March 2025, income grew from £1.6m to £2.0m (+23%), an average of +5.3% a year. Over the whole period it spent 86% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Racing Industry Accident Benefit Scheme sits at the 96th percentile: it is larger than about 96% 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 Ordinary Life Project Association (£2.0m), Age UK Cambridgeshire and Peterborough (£2.0m) and Rest Haven (£2.0m).

In its latest detailed accounts, income came from charitable activities 95% and investments 4.4%. Charitable activities took 100% of spending and raising funds 0.4%. Reserves of £2.6m would cover about 17 months of spending at that rate.