About
What does Compassion Fund Ltd do?
What does Compassion Fund Ltd do? Compassion Fund Ltd provides immediate financial aid to students from low-income families facing crises such as death, illness or accidents of a family member. Their timely assistance helps prevent these families from falling into poverty and supports the child's education. They also offer additional support through food vouchers, taxi vouchers, book vouchers, and Student Assistance Fund for eligible students who have exhausted other funds. Ongoing counseling and referrals to external agencies are part of their holistic approach to supporting beneficiaries in the long term.
Founded
2009
People
hassan bin othman, laura poh, chia chiu leng, chitty ramanathan parvathi, low aik meng, ranganayaki d/o k thangavelu, taylor kay mary
Causes
No PovertyHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2009
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Financial relief for low-income families facing crisis situations such as death, illness or accident of a family member resulting in loss of income.
- Prevention of families from spiraling into poverty and developing chronic family problems that may negatively impact a child's schooling.
- Support to all racial and religious communities within Singapore.
- Comprehensive assistance including crisis response fund, NTUC food vouchers, Comfort taxi vouchers, Popular book vouchers, and Student Assistance Fund for eligible students who have exhausted the Straits Times School Pocket Money Fund.
- Ongoing counseling and appropriate referrals to external agencies for long-term holistic support of beneficiaries.
- Complementary role with existing assistance schemes, not replacing them.
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 Festive Giving 2023
Financials
Donation Income
What are the donations used for?
- Financial relief for low-income families facing crisis situations such as death, illness or accident of a family member resulting in loss of income.
- Prevention of families from spiraling into poverty and developing chronic family problems that may negatively impact a child's schooling.
- Support to all racial and religious communities within Singapore.
- Comprehensive assistance including crisis response fund, NTUC food vouchers, Comfort taxi vouchers, Popular book vouchers, and Student Assistance Fund for eligible students who have exhausted the Straits Times School Pocket Money Fund.
- Ongoing counseling and appropriate referrals to external agencies for long-term holistic support of beneficiaries.
- Complementary role with existing assistance schemes, not replacing them.
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,027,914 | 366,270 | 480,762 |
| Non Tax-Deductible | 146,655 | 123,764 | 87,393 |
| Total Donations in Cash | 1,174,569 | 490,034 | 568,155 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 395,476 | 475,700 | 418,302 |
| Investment Income | 38,599 | 17,123 | 31,724 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 0 | 0 | 0 |
| Total Receipts | 1,608,644 | 982,857 | 1,018,181 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 147,525 | 50,702 | 28,153 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 961,243 | 897,005 | 1,058,874 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 961,243 | 897,005 | 1,058,874 |
| Expenses | |||
| Other Expenses | 14,642 | 21,778 | 17,100 |
| Total Expenditure | 1,123,410 | 969,485 | 1,104,127 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 3,420 | 2,860 | 950 |
| Account Receivables | 492,526 | 415,437 | 441,008 |
| Cash & Deposits | 2,714,686 | 2,306,134 | 2,267,180 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 3,210,632 | 2,724,431 | 2,709,138 |
| Funds | |||
| Total Unrestricted Funds | 3,199,225 | 2,713,991 | 2,540,150 |
| Total Restricted Funds | 0 | 0 | 160,469 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 3,199,225 | 2,713,991 | 2,700,619 |
| Liabilities | |||
| Total Current Liabilities | 11,407 | 10,440 | 8,519 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 11,407 | 10,440 | 8,519 |
| Total Funds and Liabilities | 3,210,632 | 2,724,431 | 2,709,138 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 3 | 3 | 2 |
| Total Employee Cost | 167,932 | 176,955 | 98,733 |
| Fudnraisig Efficiency Ratio | 12 | 98 | 6 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
Compassion Fund Ltd provides financial aid, food vouchers, taxi vouchers, book vouchers, and Student Assistance Fund for students from low-income families facing crises such as death, illness or accidents of a family member. They also offer ongoing counseling and referrals to external agencies in their holistic approach to supporting beneficiaries in the long term.
hassan bin othman
laura poh
chia chiu leng
chitty ramanathan parvathi
low aik meng
ranganayaki d/o k thangavelu
taylor kay mary
News
Activities
Give.Asia Festive Giving 2023
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