About
What does Nam Hong Welfare Service Society do?
Nam Hong Welfare Service Society is a registered charity organization dedicated to serving vulnerable elderly individuals from all races and backgrounds, offering highly subsidized medical care and relief to low-income, disadvantaged seniors. Our impactful initiatives include providing free general TCM services, improving the well-being of the elderly through our Caring Heart Program, and offering funeral services, cash handouts, and daily necessities for needy seniors. We strive to work tirelessly for the needy elderly and promote a compassionate Singapore for all. Your contribution can help us bring joy, comfort, and healthcare to those in need.
Founded
2009
People
koh keng guan, ng chau jen, goh keng lai, peter heng, chew chon chua, lim see sing, wang kia peng, rosaline oh gek sim, toh chai hoon, heng ah em
Causes
No PovertyHealth & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2009
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improving healthcare access for vulnerable elderly individuals from all races and backgrounds, providing highly-subsidized medical care.
- Enhancing the well-being of disadvantaged seniors through initiatives like Caring Heart Program, which offers free funeral services, cash handouts, daily necessities to needy seniors.
- Promoting a compassionate and supportive community by encouraging an all hands approach in serving the elderly in need.
- Supporting educational needs of disadvantaged students through financial assistance.
- Fostering a culture of respect, honesty, and continuous learning among staff and volunteers.
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?
- Improving healthcare access for vulnerable elderly individuals from all races and backgrounds, providing highly-subsidized medical care.
- Enhancing the well-being of disadvantaged seniors through initiatives like Caring Heart Program, which offers free funeral services, cash handouts, daily necessities to needy seniors.
- Promoting a compassionate and supportive community by encouraging an all hands approach in serving the elderly in need.
- Supporting educational needs of disadvantaged students through financial assistance.
- Fostering a culture of respect, honesty, and continuous learning among staff and volunteers.
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.
Audited Financial Statements
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 456,939 | 42,904 | NaN |
| Non Tax-Deductible | 535,114 | 250,018 | NaN |
| Total Donations in Cash | 992,053 | 292,922 | NaN |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | NaN |
| Non Tax-Deductible | 0 | 0 | NaN |
| Total Donations in Kind | 0 | 0 | NaN |
| Government Grants | 33,223 | 400,000 | NaN |
| Investment Income | 22,938 | 0 | NaN |
| Programme Fees | 250,000 | 0 | NaN |
| Others Income | 143,648 | 0 | NaN |
| Total Receipts | 1,441,862 | 692,922 | 0 |
| Capital in Nature | 0 | 0 | NaN |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 17,954 | 40,314 | NaN |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 972,710 | 906,122 | NaN |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 972,710 | 906,122 | NaN |
| Expenses | |||
| Other Expenses | 759,471 | 606,554 | NaN |
| Total Expenditure | 1,750,135 | 1,552,990 | 0 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | NaN |
| Other Tangible Assets | 315,430 | 506,547 | NaN |
| Investments | 0 | 0 | NaN |
| Inventories | 25,206 | 29,475 | NaN |
| Account Receivables | 280,985 | 274,045 | NaN |
| Cash & Deposits | 3,873,004 | 3,994,713 | NaN |
| Other Assets | 0 | 0 | NaN |
| Total Assets | 4,494,625 | 4,804,780 | 0 |
| Funds | |||
| Total Unrestricted Funds | 4,116,691 | 4,428,548 | NaN |
| Total Restricted Funds | 206,333 | 202,749 | NaN |
| Endowments Funds | 0 | 0 | NaN |
| Total Funds and Reserves | 4,323,024 | 4,631,297 | 0 |
| Liabilities | |||
| Total Current Liabilities | 171,601 | 173,483 | NaN |
| Total Non-Current Liabilities | 0 | 0 | NaN |
| Total Liabilities | 171,601 | 173,483 | 0 |
| Total Funds and Liabilities | 4,494,625 | 4,804,780 | 0 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 23 | 23 | NaN |
| Total Employee Cost | 846,378 | 830,226 | NaN |
| Fudnraisig Efficiency Ratio | 0 | 12 | NaN |
| Total Related Party Transactions | 74,437 | 72,278 | NaN |
People
People at Nam Hong Welfare Service Society work towards serving vulnerable elderly individuals from diverse backgrounds by offering highly subsidized medical care, improving their well-being through various programs, and providing essential services such as free general Traditional Chinese Medicine (TCM) services, funeral assistance, cash handouts, and daily necessities. They strive to promote a compassionate Singapore for all elderly individuals in need, bringing joy, comfort, and healthcare to those who are less fortunate.
koh keng guan
ng chau jen
goh keng lai
peter heng
chew chon chua
lim see sing
wang kia peng
rosaline oh gek sim
toh chai hoon
heng ah em
News
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