Charity
Amitabha Buddhist Centre
About
What does Amitabha Buddhist Centre do?
Amitabha Buddhist Centre is dedicated to promoting the study and practice of Mahayana Buddhism, fostering an environment for personal growth and community development. Our mission is to help individuals reach their full potential through wisdom and compassion, while serving local communities with spiritual, educational, and social service projects.
Founded
1994
People
tan chun how, aw yeong yuk chin, wong marn heong, ng siok hian, yee chong kok, tan hup cheng, ng swee kim, cheong chung soon, yip kean kong alaric
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1994
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes understanding and practice of Mahayana Buddhism, contributing to religious diversity and tolerance.
- Provides a space for spiritual growth and personal development, potentially leading to improved mental health and wellbeing among participants.
- Offers educational programs on Buddhist teachings, fostering intellectual curiosity and critical thinking skills.
- Encourages social service projects within the local community, contributing to social cohesion and addressing community needs.
- Supports regional communities through outreach initiatives, promoting interregional cooperation and understanding.
- Contributes to environmental sustainability efforts, aligning with Buddhist principles of respect for all living beings and interconnectedness.
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Promotes understanding and practice of Mahayana Buddhism, contributing to religious diversity and tolerance.
- Provides a space for spiritual growth and personal development, potentially leading to improved mental health and wellbeing among participants.
- Offers educational programs on Buddhist teachings, fostering intellectual curiosity and critical thinking skills.
- Encourages social service projects within the local community, contributing to social cohesion and addressing community needs.
- Supports regional communities through outreach initiatives, promoting interregional cooperation and understanding.
- Contributes to environmental sustainability efforts, aligning with Buddhist principles of respect for all living beings and interconnectedness.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,043,225 | 820,939 | 0 |
| Non Tax-Deductible | 0 | 0 | 673,392 |
| Total Donations in Cash | 1,043,225 | 820,939 | 673,392 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 42,971 | 53,286 | 219,942 |
| Investment Income | 9,058 | 10,670 | 16,498 |
| Programme Fees | 865,727 | 825,885 | 723,185 |
| Others Income | 198,904 | 101,646 | 155,086 |
| Total Receipts | 2,159,885 | 1,812,426 | 1,788,103 |
| Capital in Nature | 0 | 0 | 121,362 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 133,502 | 11,329 | 11,442 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,862,297 | 1,335,329 | 1,336,760 |
| Overseas (Direct & Support) | 40,811 | 28,486 | 78,449 |
| Charitable Activities/Programme Expenses | 1,903,108 | 1,363,815 | 1,415,209 |
| Expenses | |||
| Other Expenses | 33,035 | 34,579 | 36,300 |
| Total Expenditure | 2,069,645 | 1,409,723 | 1,462,951 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 4,884,775 | 4,934,147 | 5,257,285 |
| Other Tangible Assets | 1,008,165 | 1,090,824 | 560,711 |
| Investments | 0 | 0 | 0 |
| Inventories | 60,100 | 73,229 | 0 |
| Account Receivables | 71,952 | 14,992 | 46,871 |
| Cash & Deposits | 2,978,623 | 2,615,977 | 2,526,719 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 9,003,615 | 8,729,169 | 8,391,586 |
| Funds | |||
| Total Unrestricted Funds | 1,237,401 | 1,127,494 | 1,060,858 |
| Total Restricted Funds | 7,522,743 | 7,408,908 | 7,061,512 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 8,760,144 | 8,536,402 | 8,122,370 |
| Liabilities | |||
| Total Current Liabilities | 233,141 | 191,664 | 269,216 |
| Total Non-Current Liabilities | 10,330 | 1,103 | 0 |
| Total Liabilities | 243,471 | 192,767 | 269,216 |
| Total Funds and Liabilities | 9,003,615 | 8,729,169 | 8,391,586 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 30 | 27 | 27 |
| Total Employee Cost | 942,465 | 894,019 | 818,817 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Amitabha Buddhist Centre, individuals engage in various activities aimed at promoting Mahayana Buddhism, fostering personal growth, and contributing to community development through spiritual, educational, and social service projects.
tan chun how
aw yeong yuk chin
wong marn heong
ng siok hian
yee chong kok
tan hup cheng
ng swee kim
cheong chung soon
yip kean kong alaric
News
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