Financial Reports

Income 2022
(S$'000)
2023
(S$'000)
2024
(S$'000)
% Increase/
(Decreased)
2024 vs 2023
Donations in Cash

- Tax Deduction - - - -
- Non-Tax Deduction 1 - - -
Donations in Kind




- Tax Deduction NA NA NA NA
- Non-Tax Deduction NA NA NA NA
Grants/Sponsorships - - - NA
Investment Income 690 709 826 17
Investment Gains NA NA NA NA
Others - 2,648 4,593 73
Total Income 691 3,357 5,419 61
Expenses 2022
(S$'000)
2023
(S$'000)
2024
(S$'000)
% Increase/
(Decreased)
2024 vs 2023
Direct Fund-raising Expenses



Charitable Activities Expenses

- Local
842 588 728 24
- Overseas NA NA NA NA
Other Operating & Administration
Expenses

41

49

160

227
Others 7,045 - - -
Total Expenditure 7,928 637 888 39
Surplus/(Deficit) (7,237) 2,720 4,531 67


Balance Sheet 2022
(S$'000)
2023
(S$'000)
2024
(S$'000)
% Increase/
(Decreased)
2024 vs 2023
Assets
Land and Building NA NA NA NA
Other Tangible Assets NA NA NA NA
Investments 58,099 61,218 63,468 4
Inventories NA NA NA NA
Accounts Receivable 12 45 18 -60
Cash & Deposits 1,594 1,162 3,573 207
Others NA NA NA NA
Total Assets 59,705 62,425 67,059 7
Funds
General Fund 19,326 21,832 26,341 21
Accumulated Fund NA NA NA NA
Unrestricted Fund 19,326 21,832 26,341 21
Building Fund NA NA NA NA
Fair Value Reserve NA NA NA NA
Restricted Fund - - - -
Endowment Fund 40,375 40,589 40,611 0
Total Funds 59,701 62,421 66,952 7
Liabilities
Long-Term Liabilities NA NA NA NA
Current Liabilities 3 4 107 2575
Total Liabilities 3 4 107 2575
Total Funds and Liabilities 59,704
62,425
67,059 7


Other Information 2022
(S$'000)
2023
(S$'000)
2024
(S$'000)
% Increase/
(Decreased)
2024 vs 2023
Donations/Grants and Sponsorships given to Other Charities (S$'000) 842 588 728 24
No. of Employees NA NA NA NA
Total Employee Costs (S$'000) NA NA NA NA
Ratio of Reserves (Unrestricted Funds) to Annual Operating Expenditure 471 446 165 (63)
IPC Period: From 1 Jun 2024 to 31 May 2026