Charity
Grace Assembly of God
About
What does Grace Assembly of God do?
Grace Assembly of God is a charitable organization dedicated to spreading love and compassion through various community outreach programs. They aim to glorify God by building Christ-like character, fostering caring communities, and providing a charismatic witness.
Founded
1986
People
koh han rong lionel, li lit siew, ajinderpal singh, cham lee fin, lek tze khin, peter lim li guan, dr wilson teo kek woon, ho wan leng, yen yew cho, victor, yong weng hong
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1986
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes community engagement: By fostering a caring community, the church encourages members to get involved and support one another, which can strengthen social bonds within the local area.
- Encourages personal growth and development: The mission statement emphasizes building Christ-like character, which may lead individuals to become more compassionate, empathetic, and responsible members of society.
- Supports those in need: Through various charitable activities, Grace Assembly of God can provide assistance to vulnerable populations, such as the homeless, elderly, or impoverished, improving their quality of life and contributing to a more equitable community.
- Promotes social cohesion: By encouraging members to be charismatic witnesses for Christ, the church may help bridge gaps between different groups within society, fostering
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 community engagement: By fostering a caring community, the church encourages members to get involved and support one another, which can strengthen social bonds within the local area.
- Encourages personal growth and development: The mission statement emphasizes building Christ-like character, which may lead individuals to become more compassionate, empathetic, and responsible members of society.
- Supports those in need: Through various charitable activities, Grace Assembly of God can provide assistance to vulnerable populations, such as the homeless, elderly, or impoverished, improving their quality of life and contributing to a more equitable community.
- Promotes social cohesion: By encouraging members to be charismatic witnesses for Christ, the church may help bridge gaps between different groups within society, fostering
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 13,733,113 | 12,692,198 | 12,120,870 |
| Total Donations in Cash | 13,733,113 | 12,692,198 | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | NaN |
| Government Grants | 318,035 | 425,496 | 1,098,084 |
| Investment Income | 344,348 | 91,840 | 260,998 |
| Programme Fees | 94,795 | 23,600 | 30,262 |
| Others Income | 303,386 | 284,655 | 267,571 |
| Total Receipts | 14,793,677 | 13,517,789 | 13,777,785 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 11,578,271 | 10,202,857 | 9,707,371 |
| Overseas (Direct & Support) | 959,658 | 831,066 | 761,743 |
| Charitable Activities/Programme Expenses | 12,537,929 | 11,033,923 | 10,469,114 |
| Expenses | |||
| Other Expenses | 0 | 0 | 0 |
| Total Expenditure | 12,537,929 | 11,033,923 | 10,469,114 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 42,667,956 | 45,584,030 | 48,500,103 |
| Other Tangible Assets | 2,992,088 | 1,597,271 | 2,073,677 |
| Investments | 21,380,588 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 395,647 | 365,632 | 93,971 |
| Cash & Deposits | 16,606,631 | 35,013,742 | 31,004,261 |
| Other Assets | 0 | 0 | 197,850 |
| Total Assets | 84,042,910 | 82,560,675 | 81,869,862 |
| Funds | |||
| Total Unrestricted Funds | 62,132,053 | 59,977,999 | 57,526,896 |
| Total Restricted Funds | 20,126,588 | 21,178,933 | 22,282,550 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 82,258,641 | 81,156,932 | 79,809,446 |
| Liabilities | |||
| Total Current Liabilities | 1,633,138 | 1,159,551 | 1,570,106 |
| Total Non-Current Liabilities | 151,131 | 244,192 | 490,310 |
| Total Liabilities | 1,784,269 | 1,403,743 | 2,060,416 |
| Total Funds and Liabilities | 84,042,910 | 82,560,675 | 81,869,862 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 211,620 | 151,050 | 414,336 |
| No. of Employees | 86 | 77 | 75 |
| Total Employee Cost | 5,350,432 | 4,985,139 | 4,807,199 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 1,060,723 | 834,443 | 561,909 |
People
At Grace Assembly of God, individuals come together with a shared vision to spread love and compassion through community outreach programs. They strive to glorify God by cultivating Christ-like character, fostering caring communities, and providing a charismatic witness.
koh han rong lionel
li lit siew
ajinderpal singh
cham lee fin
lek tze khin
peter lim li guan
dr wilson teo kek woon
ho wan leng
yen yew cho, victor
yong weng hong
News
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