Charity
Leong Hwa Monastery
About
What does Leong Hwa Monastery do?
Leong Hwa Monastery is a charitable organization dedicated to spreading Buddhism through various activities such as teachings, ceremonies, festivities, and community service. Their mission is to propagate the teachings of Sakyamuni Buddha and cultivate compassion, loving kindness, and wisdom for all humanity.
Founded
2003
People
chia ti yu, lim kiat seng, yong hon gui freddie, toh lai soon david, chia eng soon, li le, ng lai hoong, chen huihui, chong jiajun timothy
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2003
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotes Buddhist teachings and values, contributing to religious diversity and understanding within society.
- Provides a space for spiritual practice and reflection, fostering personal growth and wellbeing among community members.
- Offers Dharma talks and other educational programs, helping individuals deepen their knowledge of Buddhism and its teachings.
- Organizes cultural events and festivities that bring people together across different backgrounds, promoting social cohesion and understanding.
- Supports local communities through community service initiatives such as Viriya Community Services, addressing various needs including healthcare, education, and welfare for the underprivileged.
- Contributes to environmental sustainability by encouraging mindfulness and respect for nature in its teachings and practices.
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 Buddhist teachings and values, contributing to religious diversity and understanding within society.
- Provides a space for spiritual practice and reflection, fostering personal growth and wellbeing among community members.
- Offers Dharma talks and other educational programs, helping individuals deepen their knowledge of Buddhism and its teachings.
- Organizes cultural events and festivities that bring people together across different backgrounds, promoting social cohesion and understanding.
- Supports local communities through community service initiatives such as Viriya Community Services, addressing various needs including healthcare, education, and welfare for the underprivileged.
- Contributes to environmental sustainability by encouraging mindfulness and respect for nature in its teachings and practices.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 164,871 | 155,025 | 72,269 |
| Total Donations in Cash | 164,871 | 155,025 | 72,269 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 2,796 | 0 | 42,982 |
| Investment Income | 5,619 | 12,651 | 32,237 |
| Programme Fees | 850,039 | 887,475 | 1,022,193 |
| Others Income | 4,292 | 12,526 | 12,946 |
| Total Receipts | 1,027,617 | 1,067,677 | 1,182,627 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 953,160 | 843,375 | 799,433 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 953,160 | 843,375 | 799,433 |
| Expenses | |||
| Other Expenses | 15,769 | 0 | 21,284 |
| Total Expenditure | 968,929 | 843,375 | 820,717 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 2,544,210 | 2,806,109 | 3,081,587 |
| Other Tangible Assets | 86,463 | 94,349 | 5,090 |
| Investments | 0 | 0 | 0 |
| Inventories | 5,090 | 5,090 | 0 |
| Account Receivables | 0 | 5,210 | 5,354 |
| Cash & Deposits | 4,255,514 | 3,997,622 | 3,737,099 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 6,891,277 | 6,908,380 | 6,829,130 |
| Funds | |||
| Total Unrestricted Funds | 2,774,034 | 3,115,347 | 3,291,045 |
| Total Restricted Funds | 4,046,621 | 3,701,597 | 1,564,439 |
| Endowments Funds | 0 | 0 | 1,897,037 |
| Total Funds and Reserves | 6,820,655 | 6,816,944 | 6,752,521 |
| Liabilities | |||
| Total Current Liabilities | 70,622 | 91,436 | 76,609 |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 70,622 | 91,436 | 76,609 |
| Total Funds and Liabilities | 6,891,277 | 6,908,380 | 6,829,130 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 500 | 2,000 |
| No. of Employees | 10 | 8 | 9 |
| Total Employee Cost | 304,348 | 250,801 | 230,278 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Leong Hwa Monastery, individuals engage in a variety of activities aimed at spreading Buddhism through teachings, ceremonies, festivities, and community service. Their mission is to propagate the teachings of Sakyamuni Buddha and cultivate compassion, loving kindness, and wisdom for all humanity.
chia ti yu
lim kiat seng
yong hon gui freddie
toh lai soon david
chia eng soon
li le
ng lai hoong
chen huihui
chong jiajun timothy
News
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