Ride High Impact Report 2023 - Report - Page 8
FINANCES:
EVERY PENNY
COUNTS
Ride High was one of 200 organisations to be
awarded funding from the Youth Justice Sports
Fund StreetGames, a fund to help keep vulnerable
young people away from crime and antisocial
behaviour. The crime severity score in Milton
Keynes increased from 8.2 to 14.8 between 2013
and 2022 and knife crime and youth violence are
areas of concern*.
*Vital Signs MK 2023.
INCOME
EXPENDITURE
£692K
£665K
Grants 43.1%
Fundraising events 18.9%
Donations 12.5%
Rent & Investments 13.2%
Referrals 9.9%
Other 2.4%
Fundraising in 2023 was unsurprisingly challenging with
donations and events accounting for 14% less of our
income than in the previous year. Fortunately success
with our grant applications helped to fill the shortfall.
GRANT FUNDERS
MARGARET GIFFEN
CHARITABLE TRUST
Direct charitable activities (including
horse sessions) 78%
Raising funds 21%
Ensuring good governance 1%
Our services remain free to children and young people.
For every £1 donated, 78p goes directly on charitable
activities. To help maintain financial stability during the
cost-of-living crisis, we have increased investment in our
fundraising efforts.