Running costs
It cost £191M (€221M) in 2023 to run our lifesaving service – all funded by our generous supporters.
Keeping a modern fleet of lifeboats ever-ready to go to the rescue from 238 lifeboat stations is an expensive business. Then there's crew training, running a lifeguard service on 239 popular beaches and campaigning for water safety, and the pounds start to add up.
It cost £191M (€221M) for the RNLI to run in 2023, all of which was generously donated by the public. This might sound like a lot, but we think the 29 people our lifeboat crews help on average every day are worth it. For more detailed information see our Annual Report and Accounts.
How is the RNLI funded?
As a charity, the RNLI is funded primarily by kind donations. 94% of our total income comes from donations, with the remaining 6% coming from income sources including trading and investments.
How much does RNLI rescue kit and equipment cost?
| Equipment (2023 costs) | Pound sterling | Euros |
|---|---|---|
| Helly Hansen layered clothing and boots (ALB) |
£1,600 | €1,846 |
| Drysuit (ILB) | £805 | €929 |
| Thermal suit (ILB) | £150 | €173 |
| Lifejacket | £590 | €681 |
| Helmet | £350 | €404 |
| Seagoing gloves | £25 | €29 |
| Average training cost per crew member | £1,450 | €1,673 |
| Lifeboat class | Pound sterling | Euros |
|---|---|---|
| Shannon class | £2.78M | €3.14M |
| B class | £322,000 | €363,000 |
| D class | £101,000 | €114,000 |
| Kit | Cost | Euros |
|---|---|---|
| Full wetsuit | £250 | €288 |
| Binoculars | £149 | €172 |
| Sunglasses | £55 | €63 |
| Rash vest | £60 | €69 |
| Swimsuit/trunks | £60/£41 | €69/€47 |
| Fleet | Cost |
|---|---|
| Rescue watercraft | £11,300 |
| Inshore rescue boat | £13,300 |
| Patrol vehicle | £25,300 |
| All-terrain vehicle | £9,000 |