Charity
Dhammakaya Centre (Singapore)
About
What does Dhammakaya Centre (Singapore) do?
What does the charity Dhammakaya Centre (Singapore) do? - Establishing a Buddhist Mission for meditation to cultivate compassion & goodwill, offering free meditation courses open to all in Singapore regardless of race, language or religion.
Founded
2018
People
mah yon kim, phrasomkiat vorapothanapong, lee hian tee, ng lay yen, siriporn sripolpaew, goh siak leng, loh yong seng, butt lai peng, chew chow cher, lim chit weng
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2018
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotion of mental and physical health through meditation, contributing to a healthier population overall.
- Encouragement of compassion and goodwill among individuals who practice meditation at the center.
- Fostering understanding about the benefits of meditation as an effective stress relief method.
- Promotion of a culture of virtue and morality in Singapore, regardless of gender, race, language or religion.
- Providing free meditation courses to people living in Singapore who are interested in learning meditation.
- Catering to the increasing demand for meditation practice by expanding their premises and organizing tailor-made courses for beginners.
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?
- Promotion of mental and physical health through meditation, contributing to a healthier population overall.
- Encouragement of compassion and goodwill among individuals who practice meditation at the center.
- Fostering understanding about the benefits of meditation as an effective stress relief method.
- Promotion of a culture of virtue and morality in Singapore, regardless of gender, race, language or religion.
- Providing free meditation courses to people living in Singapore who are interested in learning meditation.
- Catering to the increasing demand for meditation practice by expanding their premises and organizing tailor-made courses for beginners.
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 | May 2022 - Apr 2023(S$) | May 2021 - Apr 2022(S$) | May 2020 - Apr 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 1,152,026 | 1,044,652 | 1,114,341 |
| Total Donations in Cash | 1,152,026 | 1,044,652 | 1,114,341 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 1,130 | 7,708 | 39,416 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 610 | 1,140 | 1,097 |
| Total Receipts | 1,153,766 | 1,053,500 | 1,154,854 |
| Capital in Nature | 144,033 | 55,417 | 170,115 |
| Expenses | May 2022 - Apr 2023(S$) | May 2021 - Apr 2022(S$) | May 2020 - Apr 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 41,670 | 6,474 | 14,117 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 41,670 | 6,474 | 14,117 |
| Expenses | |||
| Other Expenses | 1,410,511 | 1,352,147 | 1,355,939 |
| Total Expenditure | 1,452,181 | 1,358,621 | 1,370,056 |
| Balance Sheet | May 2022 - Apr 2023(S$) | May 2021 - Apr 2022(S$) | May 2020 - Apr 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 16,954,873 | 17,785,727 | 18,616,581 |
| Other Tangible Assets | 56,793 | 44,989 | 2,518 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 2,550 | 17,348 | 13,865 |
| Cash & Deposits | 1,558,247 | 1,030,652 | 688,693 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 18,572,463 | 18,878,716 | 19,321,657 |
| Funds | |||
| Total Unrestricted Funds | 11,206,731 | 10,854,222 | 10,426,327 |
| Total Restricted Funds | 7,355,312 | 8,006,236 | 8,739,252 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 18,562,043 | 18,860,458 | 19,165,579 |
| Liabilities | |||
| Total Current Liabilities | 10,420 | 18,258 | 156,078 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 10,420 | 18,258 | 156,078 |
| Total Funds and Liabilities | 18,572,463 | 18,878,716 | 19,321,657 |
| Other Information | May 2022 - Apr 2023(S$) | May 2021 - Apr 2022(S$) | May 2020 - Apr 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 8,500 | 0 | 0 |
| No. of Employees | 10 | 10 | 10 |
| Total Employee Cost | 389,420 | 349,317 | 345,869 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Dhammakaya Centre (Singapore), individuals engage in various activities aimed at cultivating compassion and goodwill through meditation. They offer free meditation courses open to all, regardless of race, language or religion, as a means to promote inner peace and well-being within the community.
mah yon kim
phrasomkiat vorapothanapong
lee hian tee
ng lay yen
siriporn sripolpaew
goh siak leng
loh yong seng
butt lai peng
chew chow cher
lim chit weng
News
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