Charity
IMPACT LIFE CHURCH LTD.
About
What does IMPACT LIFE CHURCH LTD. do?
Spreading the Gospel, Transforming Communities Discover how Impact Life Church Ltd., a charitable organization dedicated to spreading the gospel of Jesus Christ, is making a difference in your community.
Founded
2017
People
chu wei kian, evelyn cheam boon sai, siaw kiat hau
Causes
No PovertyHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2017
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Community Engagement: By organizing community events and activities, the church fosters social connections among members and encourages volunteerism within the local community.
- Spiritual Development: The church provides a platform for individuals to deepen their spiritual understanding through prayer, worship, and Bible study groups, contributing to personal growth and development.
- Support Networks: Impact Life Church Ltd. can serve as a support network for those in need, offering emotional, financial, or practical assistance to members of the community who are facing challenges.
- Promotion of Values: The church promotes values such as compassion, empathy, and kindness through its teachings and outreach programs, contributing to a more caring and supportive society.
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?
- Community Engagement: By organizing community events and activities, the church fosters social connections among members and encourages volunteerism within the local community.
- Spiritual Development: The church provides a platform for individuals to deepen their spiritual understanding through prayer, worship, and Bible study groups, contributing to personal growth and development.
- Support Networks: Impact Life Church Ltd. can serve as a support network for those in need, offering emotional, financial, or practical assistance to members of the community who are facing challenges.
- Promotion of Values: The church promotes values such as compassion, empathy, and kindness through its teachings and outreach programs, contributing to a more caring and supportive society.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 3,336,159 | 2,500,789 | 2,733,463 |
| Total Donations in Cash | 3,336,159 | 2,500,789 | 2,733,463 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 26,327 | 36,596 | 123,913 |
| Investment Income | 6,238 | 273 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 7,815 | 12,103 | 2,541 |
| Total Receipts | 3,376,539 | 2,549,761 | 2,859,917 |
| Capital in Nature | 247,446 | 174,245 | 563,647 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,589,884 | 1,659,069 | 1,628,188 |
| Overseas (Direct & Support) | 48,145 | 27,152 | 32,733 |
| Charitable Activities/Programme Expenses | 1,638,029 | 1,686,221 | 1,660,921 |
| Expenses | |||
| Other Expenses | 591,898 | 464,098 | 156,718 |
| Total Expenditure | 2,229,927 | 2,150,319 | 1,817,639 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 246,485 | 82,937 | 475,709 |
| Other Tangible Assets | 545,528 | 620,550 | 425,339 |
| Investments | 1,401,000 | 1,401,000 | 1,361,001 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 42,156 | 35,625 | 64,710 |
| Cash & Deposits | 3,671,241 | 1,993,756 | 1,357,698 |
| Other Assets | 299,000 | 299,000 | 299,000 |
| Total Assets | 6,205,410 | 4,432,868 | 3,983,457 |
| Funds | |||
| Total Unrestricted Funds | 4,108,624 | 2,838,866 | 2,401,619 |
| Total Restricted Funds | 1,526,549 | 1,279,103 | 1,104,858 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 5,635,173 | 4,117,969 | 3,506,477 |
| Liabilities | |||
| Total Current Liabilities | 462,197 | 297,190 | 360,084 |
| Total Non-Current Liabilities | 108,040 | 17,709 | 116,896 |
| Total Liabilities | 570,237 | 314,899 | 476,980 |
| Total Funds and Liabilities | 6,205,410 | 4,432,868 | 3,983,457 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 10,000 | 0 | 0 |
| No. of Employees | 6 | 6 | 6 |
| Total Employee Cost | 691,968 | 613,411 | 533,401 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 630,400 | 686,000 | 269,000 |
People
At Charity IMPACT LIFE CHURCH LTD., individuals come together with a shared mission to spread the Gospel and transform communities through various initiatives and activities. Their efforts are focused on sharing the message of Jesus Christ, fostering spiritual growth, and making positive impacts in their local community and beyond.
chu wei kian
evelyn cheam boon sai
siaw kiat hau
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