The Singapore Buddhist Free Clinic (SBFC) is a charitable organization that provides free Traditional Chinese Medicine (TCM) consultation, subsidized medications, acupuncture treatment, and TCM cancer treatment to all members of the public regardless of their race or religion. With seven clinics across Singapore, SBFC has delivered over 230 thousand times of free consultations in its latest year of operation. The organization relies solely on public donations to cover its annual operating cost of approximately $7.5 million. It is supported by a team of more than 30 qualified physicians and clinic and administrative staff who are dedicated to providing quality healthcare services to the community. In addition to its core offerings, SBFC also provides counseling services at its main clinic and Tampines branch, focusing on the emotional and psychological well-being of patients
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chia ti yu, sek tat jin, goh swee sheng jackson, lim teck foon, chan ruo ying, sek bao ning, chan yong luan, bhikkhu sik kwang sheng, seck poh soon, chan poh swai
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Charities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
Receipts | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Donations in Cash | |||
Tax-Deductible | 4,756,797 | 4,800,840 | 3,493,228 |
Non Tax-Deductible | 1,973,285 | 1,894,737 | 2,218,845 |
Total Donations in Cash | 6,730,082 | 6,695,577 | 5,712,073 |
Donations in Kind | |||
Tax-Deductible | 0 | 0 | 0 |
Non Tax-Deductible | 0 | 0 | 0 |
Total Donations in Kind | 0 | 0 | 0 |
Government Grants | 341,488 | 671,495 | 1,876,676 |
Investment Income | 231,789 | 90,828 | 177,336 |
Programme Fees | 766,650 | 669,260 | 644,386 |
Others Income | 170,599 | 52,067 | 70,535 |
Total Receipts | 8,240,608 | 8,179,227 | 8,481,006 |
Capital in Nature | 0 | 0 | 0 |
Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Fundraising Expenses | |||
Fundraising Expenses | 26,917 | 18,104 | 0 |
Charitable Activities/Programme Expenses | |||
Local (Direct & Support) | 5,953,070 | 5,845,952 | 5,109,138 |
Overseas (Direct & Support) | 0 | 0 | 0 |
Charitable Activities/Programme Expenses | 5,953,070 | 5,845,952 | 5,109,138 |
Expenses | |||
Other Expenses | 1,140,217 | 957,561 | 881,126 |
Total Expenditure | 7,120,204 | 6,821,617 | 5,990,264 |
Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Assets | |||
Land and Buildings | 5,068,827 | 4,282,845 | 4,580,544 |
Other Tangible Assets | 161,603 | 142,576 | 237,668 |
Investments | 224,301 | 234,497 | 244,693 |
Inventories | 119,983 | 110,299 | 110,240 |
Account Receivables | 0 | 0 | 81,581 |
Cash & Deposits | 19,585,101 | 19,421,345 | 17,771,451 |
Other Assets | 234,671 | 104,589 | 0 |
Total Assets | 25,394,486 | 24,296,151 | 23,026,177 |
Funds | |||
Total Unrestricted Funds | 24,675,641 | 23,555,237 | 22,197,627 |
Total Restricted Funds | 0 | 0 | 0 |
Endowments Funds | 0 | 0 | 0 |
Total Funds and Reserves | 24,675,641 | 23,555,237 | 22,197,627 |
Liabilities | |||
Total Current Liabilities | 718,845 | 740,914 | 0 |
Total Non-Current Liabilities | 0 | 0 | 828,550 |
Total Liabilities | 718,845 | 740,914 | 828,550 |
Total Funds and Liabilities | 25,394,486 | 24,296,151 | 23,026,177 |
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 | 125 | 137 | 145 |
Total Employee Cost | 4,676,454 | 4,706,223 | 3,947,712 |
Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
Total Related Party Transactions | 0 | 0 | 0 |
At the Singapore Buddhist Free Clinic (SBFC), individuals work together to provide free Traditional Chinese Medicine consultations, subsidized medications, acupuncture treatments, and TCM cancer treatment to all members of the public regardless of their race or religion. The organization relies on donations to cover its annual operating costs of approximately $7.5 million and is supported by a team of over 30 qualified physicians and clinic and administrative staff who are dedicated to providing quality healthcare services to the community. Additionally, SBFC offers counseling services at their main clinic and Tampines branch with a focus on patients' emotional and psychological well-being.