Charity
KWONG WAI SHIU HOSPITAL
About
What does KWONG WAI SHIU HOSPITAL do?
A Comprehensive Healthcare Provider for the Needy in Singapore Discover how this charitable organization is dedicated to providing quality, comprehensive healthcare services to those in need across Singapore.
Founded
2016
People
mark lee kean phi (mark li jianhui), susan leong lai onn, lau kam yuen, adrian lum wen-hong, kwang toh kay, tang tat kwong, sew weng cheong, seow lee kian, terene, ng yok kuan, moh swee cheong
Causes
Health & WellnessNo PovertyHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2016
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved access to healthcare for needy and poor individuals in Singapore.
- Enhanced quality of life for patients through comprehensive and convenient healthcare services.
- Contribution to the overall health and well-being of the community by addressing unmet health needs.
- Economic benefits, as reduced hospitalization rates can lower healthcare costs for individuals and society.
- Strengthening of Singapore's healthcare infrastructure through its role as a leading community healthcare hub.
- Employment opportunities for medical professionals and support staff in the healthcare sector.
- Potential for increased research and innovation in healthcare, as more patients receive care and data is collected.
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?
- Improved access to healthcare for needy and poor individuals in Singapore.
- Enhanced quality of life for patients through comprehensive and convenient healthcare services.
- Contribution to the overall health and well-being of the community by addressing unmet health needs.
- Economic benefits, as reduced hospitalization rates can lower healthcare costs for individuals and society.
- Strengthening of Singapore's healthcare infrastructure through its role as a leading community healthcare hub.
- Employment opportunities for medical professionals and support staff in the healthcare sector.
- Potential for increased research and innovation in healthcare, as more patients receive care and data is collected.
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.
Annual Reports
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 7,959,169 | 8,629,351 | 5,705,731 |
| Non Tax-Deductible | 1,745,597 | 2,701,323 | 2,952,826 |
| Total Donations in Cash | 9,704,766 | 11,330,674 | 8,658,557 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 232,550 | 288,065 | 392,244 |
| Total Donations in Kind | 232,550 | 288,065 | 392,244 |
| Government Grants | 46,765,013 | 30,957,378 | 31,005,027 |
| Investment Income | 3,736,791 | 4,450,690 | 9,035,379 |
| Programme Fees | 9,249,572 | 7,212,284 | 6,313,631 |
| Others Income | 464,889 | 481,696 | 154,958 |
| Total Receipts | 70,153,581 | 54,720,787 | 55,559,796 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 291,621 | 222,567 | 69,282 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 57,442,867 | 40,789,298 | 33,968,245 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 57,442,867 | 40,789,298 | 33,968,245 |
| Expenses | |||
| Other Expenses | 16,337,717 | 8,702,344 | 8,442,286 |
| Total Expenditure | 74,072,205 | 49,714,209 | 42,479,813 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 16,324,315 | 20,158,727 | 23,236,243 |
| Other Tangible Assets | 11,555,170 | 8,161,929 | 6,805,805 |
| Investments | 60,375,230 | 110,574,243 | 110,793,876 |
| Inventories | 362,364 | 282,180 | 177,138 |
| Account Receivables | 18,220,730 | 12,941,280 | 17,471,990 |
| Cash & Deposits | 31,871,909 | 104,852,058 | 84,859,896 |
| Other Assets | 988,296 | 1,309,516 | 934,170 |
| Total Assets | 139,698,014 | 258,279,933 | 244,279,118 |
| Funds | |||
| Total Unrestricted Funds | 54,116,513 | 189,675,100 | 184,290,843 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 54,116,513 | 189,675,100 | 184,290,843 |
| Liabilities | |||
| Total Current Liabilities | 76,548,351 | 31,883,495 | 21,819,416 |
| Total Non-Current Liabilities | 9,033,150 | 36,721,338 | 38,168,859 |
| Total Liabilities | 85,581,501 | 68,604,833 | 59,988,275 |
| Total Funds and Liabilities | 139,698,014 | 258,279,933 | 244,279,118 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 862 | 647 | 544 |
| Total Employee Cost | 37,579,517 | 28,634,693 | 22,952,348 |
| Fudnraisig Efficiency Ratio | 2 | 1 | 0 |
| Total Related Party Transactions | 178,476 | 85,353 | 110,660 |
People
At KWONG WAI SHIU HOSPITAL, individuals work together as a team to provide high-quality and comprehensive healthcare services for those who are most in need within Singapore.
mark lee kean phi (mark li jianhui)
susan leong lai onn
lau kam yuen
adrian lum wen-hong
kwang toh kay
tang tat kwong
sew weng cheong
seow lee kian, terene
ng yok kuan
moh swee cheong
News
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