​​​​​​​​​​​​​​​​​​​Income​​
2022
(S$’000) 
2023
(S$’000) 
​​ 2024
(S$’000)
Growth %
2024 vs 2023 
​Donations in Cash




  • ​Tax Deductible
  • Non-Tax Deductible
359

256


493

167


744

55


51%

-67%​​


Donations in Kind





  •  Tax Deductible
  • Non-Tax Deductible

-

-

-

-

-

-​

-


Grants / Sponsorships

-​
250
-​


-100% 


Investment income

22
88
82


-6%

Investment gains
​-
​-
​-
​-
Others (please specify if material)
1
2
2


12%​


​Total Receipts

638
1,000
​885
-12%                
​​
​​​​​Expenses
2022
(S$’000)
2023
(S$’000) 
2024
(S$’000)  
Growth %
2024 vs 2023 ​ 
​​​Direct Fund-raising Expenses​
​-
137
36
-73%
Charitable Activities Expenses

  • Local
  • ​Overseas​
388

15
873

6
487

-
-44%

-100%
Operating & Administration Expenses
7​
8
22
187%
Others (please specify if material)-
-
-
-
Total Expenditure  
410
1,023
546
-47%
Excess / (Deficit)
228
(24)
339
-1536%
​​​

Balance Sheet ​

2022
(S$’000) 

2023
(S$’000) 

2024
(S$’000)  

Growth %
2024 vs 2023

ASSETS 

   

 

​Land and Building
​-​
​-
​-
​-
Other Tangible Assets
​-
​-
​-
​-
​Investments
-​-​​2,659
​100%
​Inventories
​-
​-
​-
​-

Accounts Receivable

1

292

32

-89%

​Cash & Deposits

2,965

2,669

601

-77%

​Others
-​-​
​-
-


Total Assets 
 

2,966

2,960

3,292 

 11.2% 


FUNDS
 

 
  

 

Unrestricted Fund2,623
2,815
​3,008​
​7%
Restricted Fund 

277​

60

207

242%

Endowment Fund 
​​-
​-
​-
-

Total Funds  

 2,899 

2,876 

3,​215

12%   

LIABILITIES  

 ​
  

 

Long-Term Liabilities  

-

-

-

-

Current Liabilities  

66

85

78

-8%

Total Liabilities​

66

85

78

-8% 

Total Funds and Liabilities  

2,966

2,960 

3,292

 11.2 

Other Information ​​


2022


2023


​2024

 

Donations/ Grants and Sponsorship 
given to other Charities (S$’000) 

-

-

-

 

No. of Employees 

-

-

-

 

Total Employee Cost ($’000) 

-

-

-

 

Total Related party Transaction ($’000) 

47

354

55

 

Fund-raising efficiency 

-

17%

24%

 

Ratio of reserves to annual operating
​exp​enditure 

7.08

2.81​

5.89

 

*The financial information posted online is extracted from our audited accounts.

​Click he​re​​ for audited financial statement for WHCF