Charity
IC@RE HUB LTD.
About
What does IC@RE HUB LTD. do?
iC@RE HUB LTD is a charitable organization dedicated to providing transitional accommodation programs with supportive services for female ex-offenders and women recovering from addiction, who are homeless or at risk of being homeless. Their vision is to promote the reintegration of these individuals into society through affordable housing and culturally sensitive supportive services. The mission of iC@RE HUB LTD is to empower these women to become productive members of society without resorting to self-destructive behaviors, thereby reducing recidivism rates and strengthening the fabric of our community.
Founded
2013
People
lau leng hoe, koh hua luan, lee keng soh, ng lee ping, lim suan ting
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2013
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Reduction in homelessness among female ex-offenders and women recovering from addiction, as they are provided with transitional accommodation.
- Increased reintegration into society for these individuals, reducing the likelihood of recidivism and promoting a safer community.
- Empowerment of program participants to become productive members of society without resorting to self-destructive behaviors.
- Culturally sensitive support services provided to address unique needs of diverse populations.
- Strengthening of social fabrics by providing assistance and resources for vulnerable individuals, promoting a more cohesive community.
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?
- Reduction in homelessness among female ex-offenders and women recovering from addiction, as they are provided with transitional accommodation.
- Increased reintegration into society for these individuals, reducing the likelihood of recidivism and promoting a safer community.
- Empowerment of program participants to become productive members of society without resorting to self-destructive behaviors.
- Culturally sensitive support services provided to address unique needs of diverse populations.
- Strengthening of social fabrics by providing assistance and resources for vulnerable individuals, promoting a more cohesive community.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 53,480 | 83,220 | 37,413 |
| Non Tax-Deductible | 3,251 | 7,084 | 3,184 |
| Total Donations in Cash | 56,731 | 90,304 | 40,597 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 189,516 | 188,326 | 163,728 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 16,985 | 31,702 | 137,003 |
| Total Receipts | 263,232 | 310,332 | 341,328 |
| Capital in Nature | 87,814 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 2,750 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 235,114 | 294,928 | 145,405 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 235,114 | 294,928 | 145,405 |
| Expenses | |||
| Other Expenses | 0 | 0 | 76,349 |
| Total Expenditure | 235,114 | 294,928 | 224,504 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 23,421 | 70,673 | 21,981 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 1,218 |
| Cash & Deposits | 296,439 | 265,162 | 257,812 |
| Other Assets | 4,876 | 10,176 | 3,950 |
| Total Assets | 324,736 | 346,011 | 284,961 |
| Funds | |||
| Total Unrestricted Funds | 299,477 | 272,264 | 244,454 |
| Total Restricted Funds | 905 | 0 | 19,873 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 300,382 | 272,264 | 264,327 |
| Liabilities | |||
| Total Current Liabilities | 19,873 | 52,622 | 20,634 |
| Total Non-Current Liabilities | 4,481 | 21,125 | 0 |
| Total Liabilities | 24,354 | 73,747 | 20,634 |
| Total Funds and Liabilities | 324,736 | 346,011 | 284,961 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 5 | 7 | 6 |
| Total Employee Cost | 141,016 | 194,549 | 140,145 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 6 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At iC@RE HUB LTD., individuals work towards providing transitional accommodation programs with supportive services for female ex-offenders and women recovering from addiction who are homeless or at risk of being homeless. Their goal is to promote the reintegration of these individuals into society through affordable housing and culturally sensitive supportive services, empowering them to become productive members of society without resorting to self-destructive behaviors, thereby reducing recidivism rates and strengthening the community's fabric.
lau leng hoe
koh hua luan
lee keng soh
ng lee ping
lim suan ting
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