Charity

KWAN-IN WELFARE SOCIETY

Summary FinancialsPeopleNews & ActivitiesSimilar

About

What does KWAN-IN WELFARE SOCIETY do?

KWAN-IN WELFARE SOCIETY is a charitable organization dedicated to propagating the teachings of Lord Buddha, providing assistance to those in need, and promoting disease prevention through free medical services. Their mission includes offering support to elderly communities and financially assisting sick individuals.

Founded

1984

People

ng han beng, hoo soo ten, tan liew choo, low han kuan, tan ai tee, tay suat eng, low choon sun, tan koon heng, leong tai jong, seow kwee yong

Causes

Health & Wellness Education

Highlights

Donations are tax-deductible
Registered Charity
Established since 1984
Published yearly Annual Reports
Audited Financial Statements

Society Impact

Propagation of Dhamma and teachings of Lord Buddha, leading to purification of human nature.
Assistance to those in need, such as the elderly, sick, and disadvantaged individuals or groups.
Publicizing general knowledge on disease prevention for community health improvement.
Providing free medical services, including regular clinic visits and financial assistance.

Donation Income

S$1,295,415In 2022

Financials

Donation Income

S$1,295,415In 2022

What are the donations used for?

Propagation of Dhamma and teachings of Lord Buddha, leading to purification of human nature.
Assistance to those in need, such as the elderly, sick, and disadvantaged individuals or groups.
Publicizing general knowledge on disease prevention for community health improvement.
Providing free medical services, including regular clinic visits and financial assistance.

Financial Information

Source: Charity Portal

Charities 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	May 2022 - Apr 2023(S$)	Apr 2021 - Apr 2022(S$)	Apr 2020 - Mar 2021(S$)
Donations in Cash
Tax-Deductible	0	0	NaN
Non Tax-Deductible	0	1,377,657	NaN
Total Donations in Cash	0	1,377,657	NaN
Donations in Kind
Tax-Deductible	0	0	NaN
Non Tax-Deductible	1,137,338	1,377,657	NaN
Total Donations in Kind	1,137,338	1,377,657	NaN
Government Grants	33,484	48,516	NaN
Investment Income	0	0	NaN
Programme Fees	0	0	NaN
Others Income	124,593	110,160	NaN
Total Receipts	1,295,415	2,913,990	0
Capital in Nature	0	1,536,333	NaN

Expenses	May 2022 - Apr 2023(S$)	Apr 2021 - Apr 2022(S$)	Apr 2020 - Mar 2021(S$)
Fundraising Expenses
Fundraising Expenses	0	0	NaN
Charitable Activities/Programme Expenses
Local (Direct & Support)	0	1,001,838	NaN
Overseas (Direct & Support)	0	0	0
Charitable Activities/Programme Expenses	NaN	1,001,838	0
Expenses
Other Expenses	1,043,068	27,130	NaN
Total Expenditure	1,043,068	1,028,968	0

Balance Sheet	May 2022 - Apr 2023(S$)	Apr 2021 - Apr 2022(S$)	Apr 2020 - Mar 2021(S$)
Assets
Land and Buildings	2,337,695	2,358,465	NaN
Other Tangible Assets	369,207	402,602	NaN
Investments	0	0	NaN
Inventories	24,580	15,907	NaN
Account Receivables	124,014	0	NaN
Cash & Deposits	7,372,298	7,183,167	NaN
Other Assets	0	28,394	NaN
Total Assets	10,227,794	9,988,535	0
Funds
Total Unrestricted Funds	10,195,644	6,864,201	NaN
Total Restricted Funds	0	3,099,866	NaN
Endowments Funds	0	0	NaN
Total Funds and Reserves	10,195,644	9,964,067	0
Liabilities
Total Current Liabilities	32,150	24,468	NaN
Total Non-Current Liabilities	0	0	NaN
Total Liabilities	32,150	24,468	0
Total Funds and Liabilities	10,227,794	9,988,535	0

Other Information	May 2022 - Apr 2023(S$)	Apr 2021 - Apr 2022(S$)	Apr 2020 - Mar 2021(S$)
Donations, Grants and Sponsorships given to other registred charities	2,430	2,840	NaN
No. of Employees	32	32	NaN
Total Employee Cost	515,673	501,798	NaN
Fudnraisig Efficiency Ratio	0	0	NaN
Total Related Party Transactions	0	0	NaN