Charity
Centre of New Life
About
What does Centre of New Life do?
Discover how Centre of New Life is making a difference through charitable giving and philanthropy. Our mission is to transform lives by reaching out to diverse communities with love and compassion, providing essential services and support for those in need
Founded
1995
People
terence ong jway syn, lim chiew har, ho koon peng, chow hock seng, lim yan peng, thevathasan-chua siew siew serene, pearl yeo puay ngoh
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1995
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes religious diversity and inclusivity by providing a space for worship and spiritual practice, fostering understanding among different faith communities.
- Contributes to the development of local community through outreach programs, volunteer opportunities, and partnerships with other organizations.
- Provides support services such as counseling, education, and social activities that address various needs in the community, including mental health, youth empowerment, and intergenerational connections.
- Encourages personal growth and spiritual development among individuals through religious teachings, workshops, and retreats.
- Fosters a sense of belonging and connection among members by creating a welcoming environment for people to gather, share experiences, and build relationships.
- Contributes to the local economy through job creation, purchasing from local businesses, and attracting visitors or
Donation Income
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 religious diversity and inclusivity by providing a space for worship and spiritual practice, fostering understanding among different faith communities.
- Contributes to the development of local community through outreach programs, volunteer opportunities, and partnerships with other organizations.
- Provides support services such as counseling, education, and social activities that address various needs in the community, including mental health, youth empowerment, and intergenerational connections.
- Encourages personal growth and spiritual development among individuals through religious teachings, workshops, and retreats.
- Fosters a sense of belonging and connection among members by creating a welcoming environment for people to gather, share experiences, and build relationships.
- Contributes to the local economy through job creation, purchasing from local businesses, and attracting visitors or
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.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 1,443,367 | 2,686,513 | 1,510,233 |
| Total Donations in Cash | 1,443,367 | 2,686,513 | 1,510,233 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 51,006 | 0 | 183,520 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 333,271 | 0 | 0 |
| Total Receipts | 1,827,644 | 2,686,513 | 1,693,753 |
| Capital in Nature | 41,178 | 1,650,344 | 603,264 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 10,366 | 1,982,891 | 0 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 10,366 | 1,982,891 | 0 |
| Expenses | |||
| Other Expenses | 808,886 | 0 | 0 |
| Total Expenditure | 819,252 | 1,982,891 | 0 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 6,557,260 | 6,934,458 | 7,268,514 |
| Other Tangible Assets | 0 | 0 | 109,800 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 17,804 | 0 | 71,920 |
| Cash & Deposits | 709,000 | 332,920 | 533,417 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 7,284,064 | 7,267,378 | 7,983,651 |
| Funds | |||
| Total Unrestricted Funds | 6,821,449 | 7,001,583 | 6,205,379 |
| Total Restricted Funds | 206,783 | 60,061 | 152,643 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 7,028,232 | 7,061,644 | 6,358,022 |
| Liabilities | |||
| Total Current Liabilities | 255,832 | 205,734 | 748,652 |
| Total Non-Current Liabilities | 0 | 0 | 876,977 |
| Total Liabilities | 255,832 | 205,734 | 1,625,629 |
| Total Funds and Liabilities | 7,284,064 | 7,267,378 | 7,983,651 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 27 | 8 | 8 |
| Total Employee Cost | 540,675 | 572,167 | 408,056 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Centre of New Life, individuals are dedicated to making a positive impact on their community through charitable giving and philanthropy. Their mission is centered around transforming lives by offering various essential services and support for those in need, all while demonstrating love and compassion towards diverse communities.
terence ong jway syn
lim chiew har
ho koon peng
chow hock seng
lim yan peng
thevathasan-chua siew siew serene
pearl yeo puay ngoh
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