Charity
Singapore Chung Hwa Medical Institution
About
What does Singapore Chung Hwa Medical Institution do?
Promoting Health and Wellness through Traditional Chinese Medicine for Those in Need
Founded
2011
People
ong bock swee, chia soon chok, choong chee loong, tan tuan hong, liew siaw foo, chu i ta, lim siew yeai, chen beiqi, tan nam sing, seow lee kian terene
Causes
Health & WellnessNo PovertyHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2011
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Improved accessibility to traditional Chinese medicine (TCM) for low-income individuals and those in need, promoting health equity.
- Increased awareness and understanding of TCM within the community, fostering cultural appreciation and diversity.
- Enhanced collaboration between Western and TCM practices, leading to a more comprehensive approach to healthcare.
- Contribution to research on traditional Chinese medicine, advancing medical knowledge and practice in Singapore and beyond.
- Creation of job opportunities for TCM practitioners and support staff, supporting the local economy and workforce development.
- Encouragement of intergenerational learning between younger and older generations through community outreach programs and educational initiatives.
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?
- Improved accessibility to traditional Chinese medicine (TCM) for low-income individuals and those in need, promoting health equity.
- Increased awareness and understanding of TCM within the community, fostering cultural appreciation and diversity.
- Enhanced collaboration between Western and TCM practices, leading to a more comprehensive approach to healthcare.
- Contribution to research on traditional Chinese medicine, advancing medical knowledge and practice in Singapore and beyond.
- Creation of job opportunities for TCM practitioners and support staff, supporting the local economy and workforce development.
- Encouragement of intergenerational learning between younger and older generations through community outreach programs and educational initiatives.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 4,723,382 | 4,367,589 | 3,259,180 |
| Non Tax-Deductible | 2,903,824 | 1,602,199 | 1,773,010 |
| Total Donations in Cash | 7,627,206 | 5,969,788 | 5,032,190 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 10,935 | 12,350 | 158,776 |
| Total Donations in Kind | 10,935 | 12,350 | 158,776 |
| Government Grants | 652,909 | 672,440 | 1,421,402 |
| Investment Income | 434,680 | 143,997 | 461,647 |
| Programme Fees | 8,235,702 | 7,549,059 | 5,659,842 |
| Others Income | 566,113 | 522,277 | 446,081 |
| Total Receipts | 17,527,545 | 14,869,911 | 13,179,938 |
| Capital in Nature | 25,000 | 0 | 2,000 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 267,646 | 112,445 | 56,185 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 13,131,181 | 11,761,757 | 10,010,800 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 13,131,181 | 11,761,757 | 10,010,800 |
| Expenses | |||
| Other Expenses | 75,506 | 59,330 | 37,750 |
| Total Expenditure | 13,474,333 | 11,933,532 | 10,104,735 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 2,194,142 | 4,170,849 | 5,491,403 |
| Other Tangible Assets | 964,854 | 814,404 | 11,983 |
| Investments | 1,731,924 | 34,738,109 | 29,662,392 |
| Inventories | 215,104 | 145,597 | 145,823 |
| Account Receivables | 541,493 | 170,508 | 237,636 |
| Cash & Deposits | 40,448,938 | 1,763,153 | 3,392,478 |
| Other Assets | 7,506 | 5,133 | 0 |
| Total Assets | 46,103,961 | 41,807,753 | 38,941,715 |
| Funds | |||
| Total Unrestricted Funds | 44,306,734 | 40,278,522 | 37,342,143 |
| Total Restricted Funds | 132,657 | 107,657 | 107,657 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 44,439,391 | 40,386,179 | 37,449,800 |
| Liabilities | |||
| Total Current Liabilities | 1,623,185 | 1,342,649 | 1,326,254 |
| Total Non-Current Liabilities | 41,385 | 78,925 | 165,661 |
| Total Liabilities | 1,664,570 | 1,421,574 | 1,491,915 |
| Total Funds and Liabilities | 46,103,961 | 41,807,753 | 38,941,715 |
| Other Information | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 100 | 0 | 0 |
| No. of Employees | 177 | 162 | 158 |
| Total Employee Cost | 7,485,161 | 5,943,023 | 5,559,374 |
| Fudnraisig Efficiency Ratio | 3 | 4 | 2 |
| Total Related Party Transactions | 290,732 | 269,118 | 282,327 |
People
At the charity Singapore Chung Hwa Medical Institution, individuals work together to promote health and wellness by providing traditional Chinese medicine services to those who are in need.
ong bock swee
chia soon chok
choong chee loong
tan tuan hong
liew siaw foo
chu i ta
lim siew yeai
chen beiqi
tan nam sing
seow lee kian terene
News
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