Charity
Thye Hua Kwan Moral Charities Limited (THKMC)
About
What does Thye Hua Kwan Moral Charities Limited (THKMC) do?
Thye Hua Kwan Moral Charities (THKMC) is a welfare organization offering various programs for Children, Disabled, Elderly and Family. They respect all races, languages, cultures and religions while providing services like Family Service Centres, Welfare Homes, Home Help Services, EIPIC Centres & Therapy Services, SACs, Social Service Hub, caregiver & care provider services, and Specialised Services for counseling, training programs and workshops.
Founded
2011
People
ardi saban hardjoe, cheong kah meng, koh poh kwang, ramasamy dhinakaran, ong ser huan, koh juay meng, ching chiat kwong, chang long jong, lee kim siang, ng kok kiang lawrence
Causes
Health & WellnessChildrenEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2011
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Support for vulnerable groups: THKMC provides a wide range of services to children, disabled individuals, elderly persons, and families in need, promoting their well-being and quality of life.
- Promotion of social integration: Programs like EIPIC Centres and SACs help integrate the elderly into mainstream society, fostering a sense of community and belonging among all age groups.
- Encouragement of self-reliance: THKMC's services aim to empower beneficiaries with skills and resources necessary for independent living, reducing their dependence on external support over time.
- Preservation of cultural diversity: The organization respects the race, language, culture, and religion of its beneficiaries, promoting a harmonious multicultural society.
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?
- Support for vulnerable groups: THKMC provides a wide range of services to children, disabled individuals, elderly persons, and families in need, promoting their well-being and quality of life.
- Promotion of social integration: Programs like EIPIC Centres and SACs help integrate the elderly into mainstream society, fostering a sense of community and belonging among all age groups.
- Encouragement of self-reliance: THKMC's services aim to empower beneficiaries with skills and resources necessary for independent living, reducing their dependence on external support over time.
- Preservation of cultural diversity: The organization respects the race, language, culture, and religion of its beneficiaries, promoting a harmonious multicultural society.
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 | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 478,174 | 1,174,450 | 939,564 |
| Non Tax-Deductible | 360,412 | 105,544 | 473,800 |
| Total Donations in Cash | 838,586 | 1,279,994 | 1,413,364 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 75,097,173 | 72,929,460 | 63,468,878 |
| Investment Income | 1,874,164 | 2,842,860 | 5,387,363 |
| Programme Fees | 5,845,052 | 4,745,506 | 4,444,054 |
| Others Income | 9,781,849 | 10,371,941 | 17,816,063 |
| Total Receipts | 93,436,824 | 92,169,761 | 92,529,722 |
| Capital in Nature | 1,712,405 | 1,648,855 | 1,429,933 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 78,775 | 46,934 | 305,713 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 6,807,596 | 6,157,782 | 6,577,072 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 6,807,596 | 6,157,782 | 6,577,072 |
| Expenses | |||
| Other Expenses | 78,436,221 | 74,265,438 | 61,777,634 |
| Total Expenditure | 85,322,592 | 80,470,154 | 68,660,419 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 10,334,158 | 10,320,473 | 11,911,679 |
| Investments | 81,778,463 | 80,536,024 | 67,613,527 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 8,467,630 | 13,718,912 | 12,947,851 |
| Cash & Deposits | 72,843,438 | 62,108,393 | 65,479,720 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 173,423,689 | 166,683,802 | 157,952,777 |
| Funds | |||
| Total Unrestricted Funds | 53,176,477 | 50,455,027 | 44,410,692 |
| Total Restricted Funds | 97,809,729 | 92,416,947 | 86,761,675 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 150,986,206 | 142,871,974 | 131,172,367 |
| Liabilities | |||
| Total Current Liabilities | 16,420,166 | 17,481,415 | 19,340,105 |
| Total Non-Current Liabilities | 6,017,317 | 6,330,413 | 7,440,305 |
| Total Liabilities | 22,437,483 | 23,811,828 | 26,780,410 |
| Total Funds and Liabilities | 173,423,689 | 166,683,802 | 157,952,777 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 1,125 | 1,167 | 1,126 |
| Total Employee Cost | 63,778,983 | 60,770,006 | 52,301,330 |
| Fudnraisig Efficiency Ratio | 9 | 3 | 21 |
| Total Related Party Transactions | 4,646,804 | 4,566,878 | 5,767,980 |
People
At Thye Hua Kwan Moral Charities Limited (THKMC), various programs are offered to support Children, Disabled, Elderly, and Families. These services include Family Service Centres, Welfare Homes, Home Help Services, EIPIC Centres & Therapy Services, SACs, Social Service Hub, caregiver & care provider services, and Specialised Services for counseling, training programs, and workshops. The organization respects all races, languages, cultures, and religions in providing these comprehensive support systems.
ardi saban hardjoe
cheong kah meng
koh poh kwang
ramasamy dhinakaran
ong ser huan
koh juay meng
ching chiat kwong
chang long jong
lee kim siang
ng kok kiang lawrence
News
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