Income 2017 2018 2019 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2019 vs 2018

Donations in Cash





- Tax Deductible 4,210 3,920 2,820 (28)

- Non-Tax Deductible - - - -

Donations in Kind





- Tax Deductible NA NA NA NA

- Non-Tax Deductible NA NA NA NA

Grants/Sponsorships NA NA NA NA

Investment income 2,456 1,226 1,290 5

Investment gains NA NA NA NA

Others NA NA NA NA

Total Income 6,666 5,146 5,579 8








Expenses 2017 2018 2019 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2019 vs 2018

Direct Fund-raising Expenses NA NA NA NA

Charitable Activities Expenses





- Local 1,224 919 613 (33)

- Overseas NA NA NA NA

Other Operating & Administration





Expenses 144 41 43 5

Others 32 1,020 - (100)

Total Expenditure 1,400 1,980 656 (67)

Surplus / (Deficit) 5,266 3,166 4,923 55








Balance Sheet 2017 2018 2019 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2019 vs 2018

Assets





Land and Building NA NA NA NA

Other Tangible Assets NA NA NA NA

Investments 48,853 43,247 45,116 4

Inventories NA NA NA NA

Accounts Receivable 58 25 35 40

Cash & Deposits 5,828 14,633 17,677 21

Others NA NA NA NA

Total Assets 54,739 57,905 62,828 9

Funds





General Fund NA NA NA NA

Accumulated Fund 1,095 17,961 22,390 25

Unrestricted Fund 1,095 17,961 22,390 25

Building Fund NA NA NA NA

Fair Value Reserve 2,585 - - -

Restricted Fund 2,585 - - -

Endowment Fund 51,056 39,941 40,435 1

Total Funds 54,736 57,902 62,825 9

Liabilities





Long-Term Liabilities NA NA NA NA

Current Liabilities 3 3 3 0

Total Liabilities 3 3 3 0

Total Funds and Liabilities 54,739 57,905 62,828 9








Other Information 2017 2018 2019 % Increase/

(S$'000)
(S$'000)
S$'000)
(Decrease)




2019 vs 2018

Donations/Grants and Sponsorships given to Other Charities (S$'000) 1,224 919 613 (33)

No. of Employees NA NA NA NA

Total Employee Costs (S$'000) NA NA NA NA

* Endowment Fund comprises:





Donations from





- Singapore Hokien Huay Kuan 32,440 36,290 39,110 8

- Public 26,616 26,686 26,686 0

Total (S$'000) 59,056 62,976 65,796 4
  Ratio of Reserves (Unrestricted Funds) to Annual Operating Expenditure 8 438 521 19  

IPC Period: From 1 Jun 2020 to 31 May 2022







     
             
             
   
 
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