Charity
Covenant Evangelical Free Church
About
What does Covenant Evangelical Free Church do?
Covenant Evangelical Free Church is a charitable organization that focuses on authentic discipleship and intentional disciplemaking, embodying values such as grace, growth, godliness, truth, community, stewardship, balance, and brokenness. They aim to bring God's love into the community through various initiatives like New Life Community Services, missions, baptism, counseling, and more. Join them in their mission of spreading love and transformation within the community.
Founded
1995
People
lim kah hock patrick, tan kay kiong, yeo kwee yam tony, wong zeng yi, chan mun bin, james gary a.k. satchy, see weng keong, irwin, justin fun jiu yang, liu hock choy, nelson tan meng sia
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1995
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes spiritual growth and discipleship among its members through various programs, services, and activities.
- Encourages community involvement and outreach through initiatives like New Life Community Services, which provides assistance to the needy and marginalized.
- Fosters a sense of belonging and connection among churchgoers through small groups, fellowship events, and other social gatherings.
- Offers counseling services for individuals seeking guidance in their personal lives or relationships.
- Provides opportunities for members to serve and contribute to the community, both within and outside the church.
- Advocates for truth, integrity, and moral values through its teachings and programs.
- Encourages responsible stewardship of resources and time by promoting a balanced lifestyle
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 spiritual growth and discipleship among its members through various programs, services, and activities.
- Encourages community involvement and outreach through initiatives like New Life Community Services, which provides assistance to the needy and marginalized.
- Fosters a sense of belonging and connection among churchgoers through small groups, fellowship events, and other social gatherings.
- Offers counseling services for individuals seeking guidance in their personal lives or relationships.
- Provides opportunities for members to serve and contribute to the community, both within and outside the church.
- Advocates for truth, integrity, and moral values through its teachings and programs.
- Encourages responsible stewardship of resources and time by promoting a balanced lifestyle
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 21,976,677 | 19,054,752 | 19,163,489 |
| Total Donations in Cash | 21,976,677 | 19,054,752 | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 129,295 | 161,215 | 98,815 |
| Total Donations in Kind | 129,295 | 161,215 | NaN |
| Government Grants | 132,994 | 321,490 | 1,446,258 |
| Investment Income | 965,886 | 528,675 | 615,024 |
| Programme Fees | 194,368 | 100,883 | 34,629 |
| Others Income | 193,826 | 1,174,529 | 1,600,731 |
| Total Receipts | 23,593,046 | 21,341,544 | 22,958,946 |
| Capital in Nature | 3,884,312 | 1,059,095 | 2,228,341 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 16,481,703 | 15,658,119 | 15,733,793 |
| Overseas (Direct & Support) | 709,790 | 494,972 | 553,757 |
| Charitable Activities/Programme Expenses | 17,191,493 | 16,153,091 | 16,287,550 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 17,191,493 | 16,153,091 | 16,287,550 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 35,983,296 | 20,870,849 | 18,951,964 |
| Other Tangible Assets | 585,224 | 4,445,094 | 9,260,737 |
| Investments | 22,988,555 | 44,749,625 | 35,481,681 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 1,197,467 | 1,366,001 | 1,363,797 |
| Cash & Deposits | 40,551,300 | 10,900,785 | 13,314,622 |
| Other Assets | 23,833 | 21,023,601 | 21,078,241 |
| Total Assets | 101,329,675 | 103,355,955 | 99,451,042 |
| Funds | |||
| Total Unrestricted Funds | 78,479,210 | 59,491,686 | 55,140,962 |
| Total Restricted Funds | 21,811,310 | 38,715,350 | 37,565,969 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 100,290,520 | 98,207,036 | 92,706,931 |
| Liabilities | |||
| Total Current Liabilities | 1,039,155 | 2,000,335 | 2,619,184 |
| Total Non-Current Liabilities | 0 | 3,148,584 | 4,124,927 |
| Total Liabilities | 1,039,155 | 5,148,919 | 6,744,111 |
| Total Funds and Liabilities | 101,329,675 | 103,355,955 | 99,451,042 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 394,826 | 477,918 | 84,822 |
| No. of Employees | 93 | 100 | 102 |
| Total Employee Cost | 7,819,515 | 7,688,103 | 7,756,988 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 996,144 | 1,002,475 | 753,464 |
People
At Covenant Evangelical Free Church, individuals come together to engage in authentic discipleship and intentional disciplemaking, embodying values such as grace, growth, godliness, truth, community, stewardship, balance, and brokenness. They work towards bringing God's love into the community through various initiatives like New Life Community Services, missions, baptism, counseling, and more.
lim kah hock patrick
tan kay kiong
yeo kwee yam tony
wong zeng yi
chan mun bin
james gary a.k. satchy
see weng keong, irwin
justin fun jiu yang
liu hock choy
nelson tan meng sia
News
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