Charity
SINGAPORE THONG CHAI MEDICAL INSTITUTION
About
What does SINGAPORE THONG CHAI MEDICAL INSTITUTION do?
Discover how Singapore Thong Chai Medical Institution, a renowned charity organization, is dedicated to providing free medical consultation and Traditional Chinese Medicine (TCM) services to all members of the public regardless of their race, religion or nationality. Our mission is to promote TCM practices while treating everyone equally without prejudice. Join us in our journey towards becoming a leading charitable TCM provider in the region.
Founded
1983
People
goh yong joo, zheng huangfang, tan beo @ tan kah moh, teo kek tjok @ teo kek yeng, yeo eng koon, lim guan lee, low theng whee, lee peng shu, tan choy tip, low lam seng (liu nansheng)
Causes
No PovertyHealth & WellnessEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 1983
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Providing free medical consultation and Traditional Chinese Medicine (TCM) to the public, regardless of race, religion, or nationality.
- Promoting the practice of TCM in Singapore and the region.
- Offering affordable healthcare services for low-income individuals who may not be able to afford medical treatment otherwise.
- Contributing to the overall improvement of public health by providing accessible, quality healthcare.
- Fostering a sense of community and inclusivity by serving all members regardless of their background or circumstances.
- Supporting the local economy through job creation within the healthcare sector.
- Encouraging intercultural understanding and respect for different medical practices and beliefs.
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?
- Providing free medical consultation and Traditional Chinese Medicine (TCM) to the public, regardless of race, religion, or nationality.
- Promoting the practice of TCM in Singapore and the region.
- Offering affordable healthcare services for low-income individuals who may not be able to afford medical treatment otherwise.
- Contributing to the overall improvement of public health by providing accessible, quality healthcare.
- Fostering a sense of community and inclusivity by serving all members regardless of their background or circumstances.
- Supporting the local economy through job creation within the healthcare sector.
- Encouraging intercultural understanding and respect for different medical practices and beliefs.
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 8,107,907 | 5,824,395 | 5,278,464 |
| Non Tax-Deductible | 2,454,001 | 2,255,806 | 2,992,396 |
| Total Donations in Cash | 10,561,908 | 8,080,201 | 8,270,860 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 22,323 |
| Non Tax-Deductible | 0 | 0 | 52,665 |
| Total Donations in Kind | 0 | 0 | 74,988 |
| Government Grants | 562,782 | 1,010,943 | 1,700,375 |
| Investment Income | 2,718,810 | 1,959,208 | 2,485,879 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 5,658,118 | 10,805,543 | 1,266,166 |
| Total Receipts | 19,501,618 | 21,855,895 | 13,798,268 |
| Capital in Nature | 0 | 290,000 | 0 |
| Expenses | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 615,122 | 0 | 0 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 7,004,680 | 6,309,449 | 5,825,975 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 7,004,680 | 6,309,449 | 5,825,975 |
| Expenses | |||
| Other Expenses | 2,766,143 | 3,087,753 | 3,354,875 |
| Total Expenditure | 10,385,945 | 9,397,202 | 9,180,850 |
| Balance Sheet | Jan 2022 - Dec 2022(S$) | Jan 2021 - Dec 2021(S$) | Jan 2020 - Dec 2020(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 336,485 | 343,644 | 350,803 |
| Other Tangible Assets | 3,003,896 | 1,776,752 | 2,397,887 |
| Investments | 60,118,425 | 54,144,002 | 100,317,625 |
| Inventories | 167,943 | 121,413 | 201,526 |
| Account Receivables | 2,165 | 5,187 | 3,696 |
| Cash & Deposits | 66,577,106 | 64,843,896 | 4,999,800 |
| Other Assets | 640,955 | 441,119 | 746,102 |
| Total Assets | 130,846,975 | 121,676,013 | 109,017,439 |
| Funds | |||
| Total Unrestricted Funds | 128,417,316 | 119,620,956 | 107,127,250 |
| Total Restricted Funds | 913,747 | 1,072,011 | 1,023,485 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 129,331,063 | 120,692,967 | 108,150,735 |
| Liabilities | |||
| Total Current Liabilities | 1,396,929 | 910,208 | 760,284 |
| Total Non-Current Liabilities | 118,983 | 72,838 | 106,420 |
| Total Liabilities | 1,515,912 | 983,046 | 866,704 |
| Total Funds and Liabilities | 130,846,975 | 121,676,013 | 109,017,439 |
| Other Information | Jan 2022 - Dec 2022(S$) | 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 | 109 | 119 | 101 |
| Total Employee Cost | 6,116,692 | 5,620,545 | 5,217,018 |
| Fudnraisig Efficiency Ratio | 13 | 0 | 0 |
| Total Related Party Transactions | 0 | 0 | 463,166 |
People
At Singapore Thong Chai Medical Institution, individuals work together to provide free medical consultation and Traditional Chinese Medicine (TCM) services to all members of the public regardless of their race, religion or nationality. The organization is dedicated to promoting TCM practices while treating everyone equally without prejudice.
goh yong joo
zheng huangfang
tan beo @ tan kah moh
teo kek tjok @ teo kek yeng
yeo eng koon
lim guan lee
low theng whee
lee peng shu
tan choy tip
low lam seng (liu nansheng)
News
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