Red Fungi

That's likely a woodear fungus, genus Auricularia. It's a jelly fungus. More technically, it's a heterobasidomycete. It doesn't cause disease as such, but does decay wood very slightly. Certainly, there is a patch or more of dead wood beneath the fungus.
Don't try this at home, particularly without an expert identification, but woodears are often the mushroom in Chinese hot-and-sour soup.
 
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Don't try this at home, particularly without an expert identification, but woodears are often the mushroom in Chinese hot-and-sour soup.

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This is what I fed my in-laws the first time I met them! I love wood-ears.
 
I've heard of that particular fungi being called 'Jew's Ear', not very pc is it?
 

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