The Society of Sheng Hong Welfare Services (SSHWS), established in April 2000, is a registered charity and Full Member of National Council of Social Service (NCSS). Their main objective is to carry out welfare activities that alleviate hardship and benefit society. SSHWS offers various services including family service, student care service, childcare service, and elderly service, serving approximately 5,000 people annually who face challenges such as financial difficulties, marital issues, parenting or mental health concerns. SSHWS is an approved Institution of Public Character (IPC) with tax-deductible donations
1999
long say keng, ong kuan, tan thiam lye, ong aii ley, goh geok choo, soong kok chee, siew kian nam, tan ee tiong, tan kim wee, tan bok soon
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.
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$) |
---|---|---|---|
Donations in Cash | |||
Tax-Deductible | 839,255 | 558,283 | 320,897 |
Non Tax-Deductible | 22,433 | 34,616 | 2,478 |
Total Donations in Cash | 861,688 | 592,899 | 323,375 |
Donations in Kind | |||
Tax-Deductible | 0 | 0 | 0 |
Non Tax-Deductible | 0 | 0 | 0 |
Total Donations in Kind | 0 | 0 | 0 |
Government Grants | 181,593 | 260,131 | 4,034,175 |
Investment Income | 11,172 | 12,612 | 12,513 |
Programme Fees | 4,951,888 | 5,731,030 | 843,139 |
Others Income | 120,963 | 44,205 | 945,717 |
Total Receipts | 6,127,304 | 6,640,877 | 6,158,919 |
Capital in Nature | 0 | 0 | 56,960 |
Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Fundraising Expenses | |||
Fundraising Expenses | 0 | 0 | 0 |
Charitable Activities/Programme Expenses | |||
Local (Direct & Support) | 6,048,338 | 6,033,794 | 5,182,067 |
Overseas (Direct & Support) | 0 | 0 | 0 |
Charitable Activities/Programme Expenses | 6,048,338 | 6,033,794 | 5,182,067 |
Expenses | |||
Other Expenses | 100,506 | 54,747 | 60,339 |
Total Expenditure | 6,148,844 | 6,088,541 | 5,242,406 |
Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
---|---|---|---|
Assets | |||
Land and Buildings | 2,090,496 | 2,353,929 | 2,603,881 |
Other Tangible Assets | 482,898 | 619,325 | 515,710 |
Investments | 0 | 0 | 2,017,300 |
Inventories | 0 | 0 | 0 |
Account Receivables | 241,360 | 357,170 | 369,308 |
Cash & Deposits | 6,829,331 | 6,376,231 | 3,475,332 |
Other Assets | 0 | 0 | 0 |
Total Assets | 9,644,085 | 9,706,655 | 8,981,531 |
Funds | |||
Total Unrestricted Funds | 2,371,856 | 6,674,952 | 1,659,127 |
Total Restricted Funds | 6,633,230 | 2,351,674 | 6,815,163 |
Endowments Funds | 0 | 0 | 0 |
Total Funds and Reserves | 9,005,086 | 9,026,626 | 8,474,290 |
Liabilities | |||
Total Current Liabilities | 638,999 | 680,029 | 507,241 |
Total Non-Current Liabilities | 0 | 0 | 0 |
Total Liabilities | 638,999 | 680,029 | 507,241 |
Total Funds and Liabilities | 9,644,085 | 9,706,655 | 8,981,531 |
Other Information | Apr 2022 - Mar 2023(S$) | 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 | 70 | 67 | 69 |
Total Employee Cost | 4,191,939 | 4,151,182 | 3,775,092 |
Fudnraisig Efficiency Ratio | 0 | 0 | 0 |
Total Related Party Transactions | 819,015 | 505,000 | 200,000 |
At the Society of Sheng Hong Welfare Services, individuals work to alleviate hardship and benefit society through various services such as family service, student care service, childcare service, and elderly service. They serve approximately 5,000 people annually who face challenges like financial difficulties, marital issues, parenting or mental health concerns. The organization is an approved Institution of Public Character (IPC) with tax-deductible donations.