Charity
ISCA CARES LIMITED
About
What does ISCA CARES LIMITED do?
ISCA CARES LIMITED is dedicated to empowering Singaporean youths with academic potential, providing them access to quality accountancy education through financial and non-financial assistance. The organization aims to foster a compassionate and caring accountancy community that actively contributes towards the betterment of society and the profession.
Founded
2015
People
kor wan hoon, max loh khum whai, arumugam ravinthran, teo woon keng john, abdul jabbar bin karam din, noorhayati binte mohamed kassim
Causes
EducationHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2015
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Providing needy Singapore youths with academic potential access to quality accountancy education, enhancing their career prospects and contributing to social mobility.
- Offering pecuniary and non-pecuniary assistance to support the educational development of underprivileged youth, promoting equal opportunities in education.
- Harnessing the knowledge, skills, and expertise of the accountancy community for collaborative programs with partners, fostering professional growth and development.
- Encouraging a compassionate and caring attitude within the accountancy community towards societal issues, promoting empathy and understanding among professionals.
- Promoting strong social conscience and inclusivity in the accountancy sector, creating a more diverse and supportive professional environment.
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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?
- Providing needy Singapore youths with academic potential access to quality accountancy education, enhancing their career prospects and contributing to social mobility.
- Offering pecuniary and non-pecuniary assistance to support the educational development of underprivileged youth, promoting equal opportunities in education.
- Harnessing the knowledge, skills, and expertise of the accountancy community for collaborative programs with partners, fostering professional growth and development.
- Encouraging a compassionate and caring attitude within the accountancy community towards societal issues, promoting empathy and understanding among professionals.
- Promoting strong social conscience and inclusivity in the accountancy sector, creating a more diverse and supportive professional environment.
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.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 254,239 | 536,838 | 208,644 |
| Non Tax-Deductible | 9,041 | 4,897 | 1,495 |
| Total Donations in Cash | 263,280 | 541,735 | 210,139 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 63,528 | 0 |
| Total Donations in Kind | 0 | 63,528 | 0 |
| Government Grants | 0 | 467,705 | 0 |
| Investment Income | 9,472 | 3,779 | 7,198 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 170 | 45 | 75 |
| Total Receipts | 272,922 | 1,076,792 | 217,412 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 3,630 | 44,073 | 9,547 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 110,350 | 133,200 | 164,000 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 110,350 | 133,200 | 164,000 |
| Expenses | |||
| Other Expenses | 17,087 | 78,334 | 14,479 |
| Total Expenditure | 131,067 | 255,607 | 188,026 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Inventories | 859 | 938 | 1,986 |
| Account Receivables | 67,194 | 46,177 | 50,649 |
| Cash & Deposits | 1,620,618 | 1,432,502 | 798,849 |
| Other Assets | 18,401 | 7,869 | 24,056 |
| Total Assets | 1,707,072 | 1,487,486 | 875,540 |
| Funds | |||
| Total Unrestricted Funds | 1,624,132 | 1,482,277 | 661,092 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 1,624,132 | 1,482,277 | 661,092 |
| Liabilities | |||
| Total Current Liabilities | 82,940 | 5,209 | 214,448 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 82,940 | 5,209 | 214,448 |
| Total Funds and Liabilities | 1,707,072 | 1,487,486 | 875,540 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 0 | 0 | 0 |
| Total Employee Cost | 0 | 0 | 0 |
| Fudnraisig Efficiency Ratio | 1 | 8 | 4 |
| Total Related Party Transactions | 180,582 | 195,476 | 218,062 |
People
At ISCA CARES LIMITED, individuals work together to empower Singaporean youths with academic potential by providing them access to quality accountancy education through financial and non-financial assistance. The organization strives to foster a compassionate and caring accountancy community that actively contributes towards the betterment of society and the profession.
kor wan hoon
max loh khum whai
arumugam ravinthran
teo woon keng john
abdul jabbar bin karam din
noorhayati binte mohamed kassim
News
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