​​​​​​​​​​​​​Income​​
2019
(S$’000) 
2020
(S$’000) 
​​ 2021
(S$’000)
Growth %
2021 vs 2020 
​Donations in Cash




  • ​Tax Deductible
  • Non-Tax Deductible
350

75​​

218

65

295

66

35%​

2%

Donations in Kind





  •  Tax Deductible
  • Non-Tax Deductible

-

-

-

-

-

-​

-


Grants / Sponsorships

-​
400
-​​


-100% 


Investment income

369
3​


-67%

Others (please specify if material)
3
2
​1


-50%​


​Total Receipts

464
694
​365
-47%                
​​
​​​​​Expenses
2019
(S$’000)
2020
(S$’000) 
2021
(S$’000)  
Growth %
2021 vs 2020​ 
​​​Direct Fund-raising Expenses​
​-
​-
​-
-​
Charitable Activities Expenses

  • Local
  • ​Overseas​
371

-
497

-​
264

-
-47%

-
Operating & Administration Expenses
9​
7
17
143%
Others (please specify if material)-
-
-
-
Total Expenditure  
380
504
281
-44%
Excess / (Deficit)
84
190
84
-56%
​​​

Balance Sheet ​

2019
(S$’000) 

2020
(S$’000) 

2021
(S$’000)  

Growth %
2021 vs 2020​ 

ASSETS 

   

 

Accounts Receivable

16

13

0.1

-99%

Cash & Deposits

2,457

2,600

2,690

3%

Total Assets  

2,473 

2,613 

2,690 

 3% 


FUNDS
 

 
  

 

Unrestricted Fund

1,944

2,381

2,474

4%

Restricted Fund

458

211

198

-6%

Total Funds  

 2,402 

2,592 

2,672 

 3%   

LIABILITIES  

   

 

Long-Term Liabilities  

-

-

-

-

Current Liabilities  

71

21

18

-14%

Total Liabilities

71 

21 

18  

-14% 

Total Funds and Liabilities  

2,473 

2,613  

2,690 

 3 

Other Information ​​


2019


2020


​2021

 

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

-

-

-

 

No. of Employees 

-

-

-

 

Total Employee Cost ($’000) 

-

-

-

 

Total Related party Transaction ($’000) 

-

-

-

 

Fund-raising efficiency 

-

-

-

 

Ratio of reserves to annual operating
​exp​enditure 

6.32

5.14

9.51

 

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

​Click here for audited financial statement for WHCF (Trust Fund)

Click he​re​ for audited financial statement for WHCF (CLG)