Charity
Lord Buddha Temple
About
What does Lord Buddha Temple do?
The Lord Buddha Temple is dedicated to promoting Buddhism, fostering unity among members, and maintaining harmony with worshippers. Their mission is to become a leading temple in Singapore for Four-Face Buddha worship and preserving traditional Chinese religious beliefs and customs.
Founded
2006
People
ong kah huat, tan thiam lye, law ah tee, ang meng joo, goh cheng au, goh beng chey, ling kin huat, tan bok soon
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2006
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promotion of Buddhism and fraternity among members, fostering a sense of community and belonging within the temple's congregation.
- Encouragement of harmony and friendship between temples and worshippers, promoting mutual respect and understanding across different religious groups in Singapore.
- Preservation and promotion of traditional Chinese religious beliefs and customs, ensuring that these cultural practices are not lost over time and continue to be appreciated by future generations.
- Acting as a leading temple for the worship of Four-Face Buddha and other Buddhas in Singapore, providing a space for devotees to practice their faith and learn more about Buddhist teachings.
- Preservation and promotion of traditions and heritage related to this belief system, ensuring that these cultural practices are not lost over time and continue
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?
- Promotion of Buddhism and fraternity among members, fostering a sense of community and belonging within the temple's congregation.
- Encouragement of harmony and friendship between temples and worshippers, promoting mutual respect and understanding across different religious groups in Singapore.
- Preservation and promotion of traditional Chinese religious beliefs and customs, ensuring that these cultural practices are not lost over time and continue to be appreciated by future generations.
- Acting as a leading temple for the worship of Four-Face Buddha and other Buddhas in Singapore, providing a space for devotees to practice their faith and learn more about Buddhist teachings.
- Preservation and promotion of traditions and heritage related to this belief system, ensuring that these cultural practices are not lost over time and continue
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 280,064 | 395,820 | NaN |
| Total Donations in Cash | 280,064 | 395,820 | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 0 | 0 | NaN |
| Total Donations in Kind | 0 | 0 | NaN |
| Government Grants | 1,706 | 490 | NaN |
| Investment Income | 0 | 0 | NaN |
| Programme Fees | 368,699 | 184,415 | NaN |
| Others Income | 516 | 0 | NaN |
| Total Receipts | 650,985 | 580,725 | 0 |
| Capital in Nature | 0 | 142,302 | NaN |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 0 | 0 | NaN |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 462,723 | 406,028 | NaN |
| Overseas (Direct & Support) | 0 | 0 | NaN |
| Charitable Activities/Programme Expenses | 462,723 | 406,028 | NaN |
| Expenses | |||
| Other Expenses | 6,600 | 7,065 | NaN |
| Total Expenditure | 469,323 | 413,093 | NaN |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 1,120,300 | 1,189,513 | NaN |
| Other Tangible Assets | 0 | 0 | NaN |
| Investments | 0 | 0 | NaN |
| Inventories | 11,151 | 0 | NaN |
| Account Receivables | 8,710 | 2,960 | NaN |
| Cash & Deposits | 230,166 | 184,206 | NaN |
| Other Assets | 12,840 | 0 | NaN |
| Total Assets | 1,383,167 | 1,376,679 | NaN |
| Funds | |||
| Total Unrestricted Funds | 151,857 | -32,574 | NaN |
| Total Restricted Funds | 742,727 | 745,496 | NaN |
| Endowments Funds | 0 | 0 | NaN |
| Total Funds and Reserves | 894,584 | 712,922 | NaN |
| Liabilities | |||
| Total Current Liabilities | 152,340 | 279,552 | NaN |
| Total Non-Current Liabilities | 336,243 | 384,205 | NaN |
| Total Liabilities | 488,583 | 663,757 | NaN |
| Total Funds and Liabilities | 1,383,167 | 1,376,679 | NaN |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | NaN |
| No. of Employees | 2 | 1 | NaN |
| Total Employee Cost | 40,071 | 25,659 | NaN |
| Fudnraisig Efficiency Ratio | 0 | 71 | NaN |
| Total Related Party Transactions | 26,000 | 28,801 | NaN |
People
At Lord Buddha Temple, individuals engage in activities that promote Buddhism, foster unity among members, and maintain harmony with worshippers. Their mission is to become a leading temple for Four-Face Buddha worship and preserve traditional Chinese religious beliefs and customs.
ong kah huat
tan thiam lye
law ah tee
ang meng joo
goh cheng au
goh beng chey
ling kin huat
tan bok soon
News
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