About
What does Thye Hua Kwan Nursing Home Limited do?
Thye Hua Kwan Nursing Home Limited (THKNH) provides eldercare services for those in need, regardless of their background or circumstances. We offer intermediate and long-term care to our clients, who often come from financially challenged situations and receive the highest government subsidy level available. Our nursing home is a non-profit organization that has been registered since 2013, with a focus on providing quality care for all.
Founded
2014
People
cheah sheau lan, chang long jong, ong ser huan, ng kok kiang lawrence, koh juay meng, eu yee ming richard, lee kim siang, ching chiat kwong, goh tok mong, thiruthakka devan s/o k perumal
Causes
Health & WellnessNo PovertyHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2014
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Provides essential eldercare services to those who cannot afford it, focusing on intermediate and long-term care for the elderly in Singapore.
- Offers a wide range of services including nursing care, rehabilitation therapy, physiotherapy, occupational therapy, speech therapy, dietary management, and social activities to enhance their quality of life.
- Helps anyone who needs help regardless of race, creed, language, culture, or religion, promoting inclusivity and diversity in the community.
- Supports financially strained families by providing subsidized care for 90% of its clients, ensuring they receive the highest possible government subsidy level.
- Adheres to strict safety measures during the COVID
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?
- Provides essential eldercare services to those who cannot afford it, focusing on intermediate and long-term care for the elderly in Singapore.
- Offers a wide range of services including nursing care, rehabilitation therapy, physiotherapy, occupational therapy, speech therapy, dietary management, and social activities to enhance their quality of life.
- Helps anyone who needs help regardless of race, creed, language, culture, or religion, promoting inclusivity and diversity in the community.
- Supports financially strained families by providing subsidized care for 90% of its clients, ensuring they receive the highest possible government subsidy level.
- Adheres to strict safety measures during the COVID
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$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,042,563 | 438,573 | 900,728 |
| Non Tax-Deductible | 128,440 | 164,221 | 194,987 |
| Total Donations in Cash | 1,171,003 | 602,794 | 1,095,715 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 16,000 |
| Total Donations in Kind | 0 | 0 | 16,000 |
| Government Grants | 13,815,086 | 13,839,218 | 12,534,186 |
| Investment Income | 223,872 | 113,996 | 0 |
| Programme Fees | 2,869,409 | 2,672,526 | 2,600,833 |
| Others Income | 801,719 | 708,061 | 822,577 |
| Total Receipts | 18,881,089 | 17,936,595 | 17,069,311 |
| Capital in Nature | 0 | 0 | 0 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 309,084 | 158,399 | 193,769 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 14,248,475 | 14,245,785 | 11,835,560 |
| Overseas (Direct & Support) | 0 | 0 | 0 |
| Charitable Activities/Programme Expenses | 14,248,475 | 14,245,785 | 11,835,560 |
| Expenses | |||
| Other Expenses | 527,291 | 786,149 | 108,994 |
| Total Expenditure | 15,084,850 | 15,190,333 | 12,138,323 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 0 | 0 | 0 |
| Other Tangible Assets | 2,584,355 | 3,443,525 | 4,158,064 |
| Investments | 8,339,665 | 8,827,817 | 3,499,321 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 2,755,683 | 2,906,148 | 962,103 |
| Cash & Deposits | 16,249,044 | 11,998,021 | 16,374,273 |
| Other Assets | 292,458 | 262,977 | 244,469 |
| Total Assets | 30,221,205 | 27,438,488 | 25,238,230 |
| Funds | |||
| Total Unrestricted Funds | 22,556,311 | 18,760,072 | 16,013,810 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 22,556,311 | 18,760,072 | 16,013,810 |
| Liabilities | |||
| Total Current Liabilities | 6,236,579 | 6,476,260 | 6,339,506 |
| Total Non-Current Liabilities | 1,428,315 | 2,202,156 | 2,884,914 |
| Total Liabilities | 7,664,894 | 8,678,416 | 9,224,420 |
| Total Funds and Liabilities | 30,221,205 | 27,438,488 | 25,238,230 |
| Other Information | Apr 2022 - Mar 2023(S$) | 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 | 203 | 201 | 201 |
| Total Employee Cost | 8,692,871 | 9,105,003 | 6,825,947 |
| Fudnraisig Efficiency Ratio | 26 | 26 | 17 |
| Total Related Party Transactions | 1,580,152 | 1,314,846 | 1,031,479 |
People
At Thye Hua Kwan Nursing Home Limited (THKNH), staff members are dedicated to providing intermediate and long-term eldercare services to those in need, regardless of their background or circumstances. They strive to offer quality care for all clients who often come from financially challenged situations and receive the highest government subsidy level available. The non-profit organization has been registered since 2013 with a focus on supporting elderly individuals requiring assistance in daily living activities, medical treatments, rehabilitation programs, social engagement opportunities, and overall wellbeing.
cheah sheau lan
chang long jong
ong ser huan
ng kok kiang lawrence
koh juay meng
eu yee ming richard
lee kim siang
ching chiat kwong
goh tok mong
thiruthakka devan s/o k perumal
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