Ride for Rations - Sunlove Abode for Intellectually-Infirmed Ltd is a charity organization dedicated to making a positive difference in the lives of vulnerable and disadvantaged individuals within Singapore, particularly those living in one room rental flats with limited income. Their primary goal is to provide dry food rations to these households, helping them stretch their finances and improve their quality of life. As an entirely volunteer-driven organization, they rely on the support of donors and participants to continue their mission. The charity's annual fundraising event, Ride for Rations, involves long-distance endurance cycling and has been a successful initiative since its inception in 2011. In recent years, due to COVID-19 restrictions, the ride has transitioned to a virtual format, allowing participants from around the world to join in the cause
1993
wee lin, arulchelvan sivagnasundram, ponniah ramanathan, prem kumar s/o kanagaratnam, raja mohan s/o murugesu kanagaratnam, sasidharan nair, tan kow liang, thiruchelvan s/o sivagnasundram, tan soon lai, win kyaw @ maung win kyaw
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.
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.
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Donations in Cash | |||
Tax-Deductible | 658,446 | 626,271 | 955,176 |
Non Tax-Deductible | 138,334 | 159,554 | 244,671 |
Total Donations in Cash | 796,780 | 785,825 | 1,199,847 |
Donations in Kind | |||
Tax-Deductible | 71,000 | 0 | 0 |
Non Tax-Deductible | 45,537 | 78,776 | 47,197 |
Total Donations in Kind | 116,537 | 78,776 | 47,197 |
Government Grants | 20,715,384 | 16,561,989 | 16,284,309 |
Investment Income | 447,105 | 0 | 0 |
Programme Fees | 5,160,915 | 1,627,421 | 3,456,667 |
Others Income | 5,970,584 | 7,430,982 | 5,054,851 |
Total Receipts | 33,207,305 | 26,484,993 | 26,042,871 |
Capital in Nature | 71,000 | 0 | 257,319 |
Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Fundraising Expenses | |||
Fundraising Expenses | 0 | 0 | 3,713 |
Charitable Activities/Programme Expenses | |||
Local (Direct & Support) | 23,136,140 | 20,321,906 | 15,378,807 |
Overseas (Direct & Support) | 0 | 0 | 0 |
Charitable Activities/Programme Expenses | 23,136,140 | 20,321,906 | 15,378,807 |
Expenses | |||
Other Expenses | 4,791,707 | 4,190,489 | 4,748,363 |
Total Expenditure | 27,927,847 | 24,512,395 | 20,130,883 |
Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Assets | |||
Land and Buildings | 19,974,169 | 26,179,732 | 26,777,809 |
Other Tangible Assets | 9,083,370 | 4,060,846 | 2,994,802 |
Investments | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 |
Account Receivables | 3,325,815 | 4,021,441 | 1,689,688 |
Cash & Deposits | 45,577,818 | 37,521,144 | 41,529,029 |
Other Assets | 0 | 2,633,248 | 0 |
Total Assets | 77,961,172 | 74,416,411 | 72,991,328 |
Funds | |||
Total Unrestricted Funds | 52,490,015 | 48,074,089 | 46,253,646 |
Total Restricted Funds | 5,213,171 | 4,162,013 | 3,241,822 |
Endowments Funds | 0 | 0 | 0 |
Total Funds and Reserves | 57,703,186 | 52,236,102 | 49,495,468 |
Liabilities | |||
Total Current Liabilities | 5,454,469 | 5,326,294 | 4,934,170 |
Total Non-Current Liabilities | 14,803,517 | 16,854,015 | 18,561,690 |
Total Liabilities | 20,257,986 | 22,180,309 | 23,495,860 |
Total Funds and Liabilities | 77,961,172 | 74,416,411 | 72,991,328 |
Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
No. of Employees | 412 | 398 | 382 |
Total Employee Cost | 18,360,748 | 15,790,851 | 12,252,937 |
Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
Total Related Party Transactions | 0 | 0 | 0 |
People at Ride for Rations - Sunlove Abode for Intellectually-Infirmed Ltd work towards providing dry food rations to vulnerable and disadvantaged individuals living in one room rental flats with limited income, improving their quality of life. They are entirely volunteer-driven and rely on donors and participants' support to continue their mission. The charity organizes an annual fundraising event called Ride for Rations, which involves long-distance endurance cycling. Due to COVID-19 restrictions, the ride has transitioned to a virtual format, allowing participants from around the world to join in the cause.