Charity
Korean Church in Singapore
About
What does Korean Church in Singapore do?
The charity Korean Church in Singapore offers a platform for the local Korean Christian community to worship, connect with like-minded individuals and contribute towards philanthropic causes.
Founded
1987
People
kim ho sung, yun janghun, kim young gwan
Causes
No PovertyHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1987
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes religious diversity and tolerance by providing a space for members of the Korean Christian community to practice their faith freely.
- Contributes to social cohesion by fostering a sense of belonging among its congregation, which can help reduce isolation and promote unity within the larger Singaporean society.
- Provides support services such as counseling or financial assistance for members in need, contributing to overall community well-being.
- Engages in outreach programs that serve the wider community, demonstrating a commitment to social responsibility and compassion beyond its own congregation.
- Offers opportunities for interfaith dialogue and cooperation, promoting mutual understanding and respect among different religious groups.
- Supports local charitable causes or disaster relief efforts, both in Singapore and intern
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 religious diversity and tolerance by providing a space for members of the Korean Christian community to practice their faith freely.
- Contributes to social cohesion by fostering a sense of belonging among its congregation, which can help reduce isolation and promote unity within the larger Singaporean society.
- Provides support services such as counseling or financial assistance for members in need, contributing to overall community well-being.
- Engages in outreach programs that serve the wider community, demonstrating a commitment to social responsibility and compassion beyond its own congregation.
- Offers opportunities for interfaith dialogue and cooperation, promoting mutual understanding and respect among different religious groups.
- Supports local charitable causes or disaster relief efforts, both in Singapore and intern
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Cash | 0 | 0 | 0 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 0 | 0 | 20,920 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 1,890,410 | 1,882,215 | 159,043 |
| Total Receipts | 1,890,410 | 1,882,215 | 179,963 |
| Capital in Nature | 0 | 0 | 2,311,263 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 373,100 | 420,535 | 333,740 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 373,100 | 420,535 | 333,740 |
| Expenses | |||
| Other Expenses | 1,392,384 | 1,452,599 | 1,637,048 |
| Total Expenditure | 1,765,484 | 1,873,134 | 1,970,788 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 17,752,505 | 18,763,246 | 19,806,831 |
| Other Tangible Assets | 0 | 237,524 | 269,025 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 0 | 0 | 0 |
| Cash & Deposits | 2,584,441 | 2,264,352 | 2,292,652 |
| Other Assets | 48,150 | 56,063 | 83,436 |
| Total Assets | 20,385,096 | 21,321,185 | 22,451,944 |
| Funds | |||
| Total Unrestricted Funds | 20,288,701 | 21,004,205 | 22,037,457 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 20,288,701 | 21,004,205 | 22,037,457 |
| Liabilities | |||
| Total Current Liabilities | 96,395 | 200,061 | 298,841 |
| Total Non-Current Liabilities | 0 | 116,919 | 115,646 |
| Total Liabilities | 96,395 | 316,980 | 414,487 |
| Total Funds and Liabilities | 20,385,096 | 21,321,185 | 22,451,944 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 5 | 6 |
| Total Employee Cost | 516,593 | 362,756 | 430,306 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 150,000 | 120,000 |
People
At the Charity Korean Church in Singapore, members of the local Korean Christian community come together to worship, build relationships with others who share their faith, and work collaboratively on charitable initiatives that aim to make a positive impact within the community.
kim ho sung
yun janghun
kim young gwan
News
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