Charity

Singapore Red Cross Society

Summary FinancialsPeopleNews & ActivitiesSimilar

About

What does Singapore Red Cross Society do?

The Singapore Red Cross Society is a homegrown humanitarian organization dedicated to relieving human suffering and responding to emergencies since 1949. They provide blood donor mobilization programs, support for the disabled, transport aid, food assistance, community-led resilience initiatives, first aid training, and more. Donate blood today to save lives in times of crisis or help those with medical conditions like leukemia or thalassaemia

Founded

1986

People

muralli raja rajaram, agnes eu, ling khoon chow, tan poh hong, oh kim hong tracey, tan kai hoe, saiful nizam bin subari, seow lee kian terene, dennis mark weng leong, koh yat chung

Causes

Health & Wellness No Poverty

Highlights

Donations are tax-deductible
Registered Charity
Established since 1986
Published yearly Annual Reports
Audited Financial Statements

Society Impact

Relieving human suffering and protecting lives through various programs such as blood donation, home for the disabled, transport aid, food aid, community-led action for resilience, community first aid, and training.
Promoting a culture of volunteerism by encouraging individuals to contribute their time and skills towards helping vulnerable communities.
Fostering disaster preparedness and response through its emergency services, ensuring that the society is ready to respond in times of crisis.
Raising awareness about health issues such as blood diseases like leukemia, thalassaemia, bleeding disorders, and surgeries, educating the public on the importance of donating blood.
Supporting medical patients who require regular blood transfusions by ensuring a steady supply of blood to save lives.

Donation Income

S$21,169,650In 2022

Fundraising Efficiency

18.82%In 2022

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

89.37%In 2022

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

S$21,169,650In 2022

What are the donations used for?

Relieving human suffering and protecting lives through various programs such as blood donation, home for the disabled, transport aid, food aid, community-led action for resilience, community first aid, and training.
Promoting a culture of volunteerism by encouraging individuals to contribute their time and skills towards helping vulnerable communities.
Fostering disaster preparedness and response through its emergency services, ensuring that the society is ready to respond in times of crisis.
Raising awareness about health issues such as blood diseases like leukemia, thalassaemia, bleeding disorders, and surgeries, educating the public on the importance of donating blood.
Supporting medical patients who require regular blood transfusions by ensuring a steady supply of blood to save lives.

Program Expense Ratio

89.37%In 2022

Fundraising Efficiency

18.82%In 2022

This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.

Annual Reports

2022 Annual Report

Financial Information

Source: Charity Portal

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	Jan 2022 - Dec 2022(S$)	Jan 2021 - Dec 2021(S$)	Jan 2020 - Dec 2020(S$)
Donations in Cash
Tax-Deductible	6,675,379	9,657,912	10,565,454
Non Tax-Deductible	2,410,644	468,134	1,689,338
Total Donations in Cash	9,086,023	10,126,046	12,254,792
Donations in Kind
Tax-Deductible	0	0	0
Non Tax-Deductible	0	0	0
Total Donations in Kind	0	0	0
Government Grants	8,168,327	8,095,610	7,959,119
Investment Income	232,056	117,712	193,727
Programme Fees	92,079	1,410,713	829,602
Others Income	3,211,424	1,254,489	1,103,059
Total Receipts	20,789,909	21,004,570	22,340,299
Capital in Nature	379,741	3,466,508	5,496,766

Expenses	Jan 2022 - Dec 2022(S$)	Jan 2021 - Dec 2021(S$)	Jan 2020 - Dec 2020(S$)
Fundraising Expenses
Fundraising Expenses	1,709,701	1,267,679	1,478,517
Charitable Activities/Programme Expenses
Local (Direct & Support)	14,426,789	12,350,062	10,800,031
Overseas (Direct & Support)	6,939,057	10,500,902	9,100,279
Charitable Activities/Programme Expenses	21,365,846	22,850,964	19,900,310
Expenses
Other Expenses	831,407	567,077	406,950
Total Expenditure	23,906,954	24,685,720	21,785,777

Balance Sheet	Jan 2022 - Dec 2022(S$)	Jan 2021 - Dec 2021(S$)	Jan 2020 - Dec 2020(S$)
Assets
Land and Buildings	1,333,528	1,049,100	173,660
Other Tangible Assets	974,568	2,339,621	1,539,270
Investments	1,477,625	2,830,665	2,886,383
Inventories	0	0	0
Account Receivables	3,924,805	289,867	3,038,245
Cash & Deposits	28,159,175	26,897,451	19,563,249
Other Assets	2,252,863	1,793,634	1,690,597
Total Assets	38,122,564	35,200,338	28,891,404
Funds
Total Unrestricted Funds	25,755,943	22,624,474	19,245,988
Total Restricted Funds	1,194,722	595,048	250,266
Endowments Funds	0	0	0
Total Funds and Reserves	26,950,665	23,219,522	19,496,254
Liabilities
Total Current Liabilities	10,308,853	11,206,124	8,466,679
Total Non-Current Liabilities	863,046	774,692	928,471
Total Liabilities	11,171,899	11,980,816	9,395,150
Total Funds and Liabilities	38,122,564	35,200,338	28,891,404

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	0
No. of Employees	215	180	194
Total Employee Cost	10,756,626	8,957,501	8,362,500
Fudnraisig Efficiency Ratio	8	6	6
Total Related Party Transactions	0	0	0