Ridgesave Limited

Analysis

Ridgesave Limited is a registered charity in England and Wales, based in London. It was registered in November 1983, 43 years ago. Its declared purposes cover general charitable purposes, education/training and the prevention or relief of poverty, which this site groups under poverty relief. Legally it is a charitable company (Companies House number 01745720). It says it makes grants to organisations.

In the financial year ending March 2025, Ridgesave Limited reported income of £187k and spending of £183k, spending 98% of its income. Across the 5 years on record, from March 2021 to March 2025, income fell from £1.3m to £187k (-86%), an average of -39% a year. The sharpest change came in the year to March 2023, when income dropped by 60%. Over the whole period it spent 117% of the income it received.

Among 15,276 England and Wales charities whose main cause is poverty relief and that reported income, Ridgesave Limited sits at the 75th percentile: it is larger than about 75% of them. Against every charity in England and Wales with reported income it ranks in the 80th percentile. Charities of a similar size with the same main cause include Soteria Trust (£187k), King's Cross Korean Church (£187k) and The Jim Jackson Educational and Enabling Foundation CIO (£187k).