About
What does Sian Chay Medical Institution do?
Sian Chay Medical Institution is a charitable organization that provides free Traditional Chinese Medicine (TCM) consultation, subsidized medicine, acupuncture treatment, and tuina therapy to the community regardless of race or religion. The institution promotes racial harmony and social stability through its platform, emphasizing the importance of unity in building a prosperous Singapore. Over the past four years (2014-2017), Sian Chay has served over 973,000 patient visits and dispensed nearly two million dosages of prescription. The organization expects to serve an additional one and a half million patients in the next five years. Every $10 donation can benefit one low-income family's visit for free consultation and medication at Sian Chay Medical Institution, helping them achieve happiness and foster a blissful family life
Founded
1984
People
ng cher yan, lim oon cheng , kenny, gan giok em, teo ngiang heng, chua swee wah, keak lai heng, simon, pbm, yap seng teck, kok kuan hwa, toh soon huat, goh bak heng
Causes
No PovertyHealth & WellnessChildrenHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1984
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting racial harmony by providing free healthcare services to all, regardless of race or religion.
- Contributing to social stability through its community outreach and charitable efforts.
- Improving the quality of life for low-income families who cannot afford medical care.
- Encouraging a culture of philanthropy by providing opportunities for donations that directly benefit those in need.
- Increasing access to Traditional Chinese Medicine (TCM) consultation, subsidized medicine, acupuncture treatment and tuina therapy.
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?
- Promoting racial harmony by providing free healthcare services to all, regardless of race or religion.
- Contributing to social stability through its community outreach and charitable efforts.
- Improving the quality of life for low-income families who cannot afford medical care.
- Encouraging a culture of philanthropy by providing opportunities for donations that directly benefit those in need.
- Increasing access to Traditional Chinese Medicine (TCM) consultation, subsidized medicine, acupuncture treatment and tuina therapy.
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.
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 | 13,363,429 | 12,450,294 | 10,653,235 |
| Non Tax-Deductible | 2,505,042 | 2,322,255 | 2,444,593 |
| Total Donations in Cash | 15,868,471 | 14,772,549 | 13,097,828 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 785,660 | 459,600 | 493,000 |
| Investment Income | 1,044,856 | 490,352 | 421,786 |
| Programme Fees | 0 | 0 | 2,122,350 |
| Others Income | 380,457 | 338,424 | 1,259,466 |
| Total Receipts | 18,079,444 | 16,060,925 | 17,394,430 |
| Capital in Nature | 172,048 | 122,666 | 1,064,260 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 1,384,815 | 1,852,270 | 1,382,146 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 1,308,912 | 1,401,182 | 1,520,517 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 1,308,912 | 1,401,182 | 1,520,517 |
| Expenses | |||
| Other Expenses | 7,327,877 | 7,336,468 | 6,929,343 |
| Total Expenditure | 10,021,604 | 10,589,920 | 9,832,006 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 22,388,681 | 891,474 | 183,000 |
| Other Tangible Assets | 0 | 0 | 471,256 |
| Investments | 8,359,364 | 13,437,473 | 11,155,734 |
| Inventories | 259,933 | 132,228 | 310,968 |
| Account Receivables | 1,063,251 | 164,668 | 235,226 |
| Cash & Deposits | 32,716,256 | 30,170,923 | 25,865,294 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 64,787,485 | 44,796,766 | 38,221,478 |
| Funds | |||
| Total Unrestricted Funds | 49,064,150 | 35,155,923 | 28,766,228 |
| Total Restricted Funds | 6,928,773 | 8,818,058 | 8,695,392 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 55,992,923 | 43,973,981 | 37,461,620 |
| Liabilities | |||
| Total Current Liabilities | 5,348,348 | 696,329 | 509,977 |
| Total Non-Current Liabilities | 3,446,214 | 126,456 | 249,881 |
| Total Liabilities | 8,794,562 | 822,785 | 759,858 |
| Total Funds and Liabilities | 64,787,485 | 44,796,766 | 38,221,478 |
| 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 | 810,039 | 1,873,713 | 1,551,952 |
| No. of Employees | 133 | 120 | 122 |
| Total Employee Cost | 3,682,022 | 3,173,383 | 2,980,732 |
| Fudnraisig Efficiency Ratio | 8 | 12 | 10 |
| Total Related Party Transactions | 0 | 0 | 0 |
People
At Sian Chay Medical Institution, individuals are dedicated to providing essential healthcare services through Traditional Chinese Medicine (TCM) consultation, acupuncture treatment, tuina therapy, and subsidized medicine. The institution's mission is to promote racial harmony and social stability by serving the community regardless of race or religion. Their efforts have resulted in over 973,000 patient visits and nearly two million dosages dispensed between 2014-2017. In the next five years, they aim to serve an additional one and a half million patients. Every $10 donation can help support low-income families by covering their visit for free consultation and medication at Sian Chay Medical Institution, ultimately contributing to happier lives and stronger family bonds.
ng cher yan
lim oon cheng , kenny
gan giok em
teo ngiang heng
chua swee wah
keak lai heng, simon, pbm
yap seng teck
kok kuan hwa
toh soon huat
goh bak heng
News
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