About
What does Ascending Hope Community Services do?
Ascending Hope Community Services is a charity dedicated to serving seniors and their families through a holistic approach that addresses emotional, physical, and social needs. Their mission is to empower seniors and ensure they are supported in socializing, learning, and enjoying life within the community.
Founded
2018
People
sim poh soon timothy, tan luang keng, stanley poh chiew ann
Causes
No PovertyHealth & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2018
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved quality of life for seniors and their families through holistic services addressing emotional, physical, and social needs.
- Enhanced community engagement among seniors by providing opportunities for socialization, learning, and enjoyment.
- Reduced isolation among elderly individuals through the Befriender program.
- Support for problem gamblers in their recovery journey.
- Assistance to underprivileged groups such as food rationing, free tuition, haircut services for seniors, home refurbishing, and single mom support.
- Empowerment of the needy and underprivileged through altruistic endeavors.
- Inspiration and empowerment of others to follow suit in championing compassion within society.
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.
Recent News & Activity
Give.Asia Food For Hope 2024 by Ascending Hope
Financials
Donation Income
What are the donations used for?
- Improved quality of life for seniors and their families through holistic services addressing emotional, physical, and social needs.
- Enhanced community engagement among seniors by providing opportunities for socialization, learning, and enjoyment.
- Reduced isolation among elderly individuals through the Befriender program.
- Support for problem gamblers in their recovery journey.
- Assistance to underprivileged groups such as food rationing, free tuition, haircut services for seniors, home refurbishing, and single mom support.
- Empowerment of the needy and underprivileged through altruistic endeavors.
- Inspiration and empowerment of others to follow suit in championing compassion within society.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 192,522 | 160,811 | NaN |
| Non Tax-Deductible | 13,611 | 0 | NaN |
| Total Donations in Cash | 206,133 | 160,811 | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 0 | 0 | NaN |
| Total Donations in Kind | 0 | 0 | NaN |
| Government Grants | 117,528 | 54,823 | NaN |
| Investment Income | 0 | 0 | NaN |
| Programme Fees | 10,493 | 0 | NaN |
| Others Income | 4,913 | 11,100 | NaN |
| Total Receipts | 339,067 | 226,734 | 0 |
| Capital in Nature | 339,067 | 0 | NaN |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 7,639 | 21,050 | NaN |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 42,284 | 0 | NaN |
| Overseas (Direct & Support) | 0 | 0 | NaN |
| Charitable Activities/Programme Expenses | 42,284 | NaN | NaN |
| Expenses | |||
| Other Expenses | 256,510 | 129,974 | NaN |
| Total Expenditure | 306,433 | 151,024 | NaN |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | NaN |
| Other Tangible Assets | 57,467 | 33,753 | NaN |
| Investments | 0 | 0 | NaN |
| Inventories | 0 | 0 | NaN |
| Account Receivables | 5,364 | 0 | NaN |
| Cash & Deposits | 71,983 | 54,567 | NaN |
| Other Assets | 0 | 0 | NaN |
| Total Assets | 134,814 | 88,320 | NaN |
| Funds | |||
| Total Unrestricted Funds | 111,336 | 78,702 | NaN |
| Total Restricted Funds | 0 | 0 | NaN |
| Endowments Funds | 0 | 0 | NaN |
| Total Funds and Reserves | 111,336 | 78,702 | NaN |
| Liabilities | |||
| Total Current Liabilities | 23,478 | 9,618 | NaN |
| Total Non-Current Liabilities | 0 | 0 | NaN |
| Total Liabilities | 23,478 | 9,618 | NaN |
| Total Funds and Liabilities | 134,814 | 88,320 | NaN |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | NaN |
| No. of Employees | 3 | 3 | NaN |
| Total Employee Cost | 169,657 | 63,870 | NaN |
| Fudnraisig Efficiency Ratio | 3 | 0 | NaN |
| Total Related Party Transactions | 0 | 74,100 | NaN |
People
At Ascending Hope Community Services, individuals work together to serve seniors and their families by addressing emotional, physical, and social needs through a holistic approach. Their mission is to empower seniors and support them in various aspects of life such as socializing, learning, and enjoying the community.
sim poh soon timothy
tan luang keng
stanley poh chiew ann
News
Activities
Give.Asia Food For Hope 2024 by Ascending Hope
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