财经资料

2019 年财务报表亮点

Income	2021 (S$’000)	2022 (S$’000)	2023 (S$’000)
Donations in cash
- Tax Deductible	8,629	7,959	8,988
- Non-Tax Deductible	1,975	1,746	3,964
Donations in kind
- Tax Deductible	-	-	-
- Non-Tax Deductible	288	232	210
Government Grants	31,684	46,765	57,499
Investment Income	4,451	3,737	3,999
Programme Fees	7,212	9,250	13,561
Other Income	482	465	404
Total Income	54,721	70,154	88,625

Expenses	2021 (S$’000)	2022 (S$’000)	2023 (S$’000)
Fund-Raising Expenses	223	292	600
Charitable Activities Expenses
- Local	40,789	57,443	69,936
- Overseas	-	-	16
Other Expenses	8,702	16,338	9,152
Total Expenditure	49,714	74,073	79,704
Surplus	5,007	(3,919)	8,921

Balance Sheet	2021 (S$'000)	2022 (S$'000)	2023 (S$'000)
Assets
Land & Buildings	20,159	16,324	14,507
Other Tangible Assets	8,162	11,555	9,923
Investments	110,574	60,375	29,751
Inventories	282	363	329
Accounts Receivable	12,941	18,221	28,258
Cash & Deposits	104,852	31,872	55,802
Other Assets	1,310	988	988
Total Assets	258,280	139,698	139,558

Funds
Unrestricted Funds	189,675	54,117	63,899
Restricted Funds	-	-	-
Endowment Funds	-	-	-
Total Funds	189,675	54,117	63,899

Liabilities
Current Liabilities	31,884	76,548	67,285
Non-current Liabilities	36,721	9,033	8,374
Total Liabilities	68,605	85,581	75,659

Total Funds and Liabilities	258,280	139,698	139,558

Other information	2021	2022	2023
No of Employees	647	862	974
Total Employee Costs (S$'000)	28,635	37,580	47,536
Fund-Raising Efficiency Ratio	2.0	2.9	4.6
Total Related Party Transactions (S$'000)	85	178	2,365
Ratio of Reserves (excluding Project Development Fund) to Annual Operating Expenditure	3.7	0.7	0.8