​​​​​​​​​​​​​​​Income​​
2020
(S$’000) 
2021
(S$’000) 
​​ 2022
(S$’000)
Growth %
2022 vs 2021 
​Donations in Cash




  • ​Tax Deductible
  • Non-Tax Deductible
218

65​


295

66


359

256


22%

288%​​


Donations in Kind





  •  Tax Deductible
  • Non-Tax Deductible

-

-

-

-

-

-​

-


Grants / Sponsorships

400​
-
-​​



Investment income

9
3
22


620%

Others (please specify if material)
2
1
​1


30%​


​Total Receipts

694
365
​638
75%                
​​
​​​​​Expenses
2020
(S$’000)
2021
(S$’000) 
2022
(S$’000)  
Growth %
2022 vs 2021​ 
​​​Direct Fund-raising Expenses​
​-
​-
​-
-​
Charitable Activities Expenses

  • Local
  • ​Overseas​
484

13
252

13
388

15
54%

19%
Operating & Administration Expenses
7​
17
7
-59%
Others (please specify if material)-
-
-
-
Total Expenditure  
504
281
410
46%
Excess / (Deficit)
190
84
228
173%
​​​

Balance Sheet ​

2020
(S$’000) 

2021
(S$’000) 

2022
(S$’000)  

Growth %
2022 vs 2021​ 

ASSETS 

   

 

Accounts Receivable

13

0.1

1.0

765%

Cash & Deposits

2,600

2,690

2,965

10%

Total Assets  

2,613 

2,690 

2,966 

 10% 


FUNDS
 

 
  

 

Unrestricted Fund

2,381

2,474

2,623

6%

Restricted Fund

211

198

277

40%

Total Funds  

 2,592 

2,672 

2,899 

 9%   

LIABILITIES  

   

 

Long-Term Liabilities  

-

-

-

-

Current Liabilities  

21

18

66

265​%

Total Liabilities

21 

18 

66  

265% 

Total Funds and Liabilities  

2,613 

2,690  

2,966 

 10 

Other Information ​​


2020


2021


​2022

 

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

-

-

-

 

No. of Employees 

-

-

-

 

Total Employee Cost ($’000) 

-

-

-

 

Total Related party Transaction ($’000) 

307

107

159

 

Fund-raising efficiency 

-

-

-

 

Ratio of reserves to annual operating
​exp​enditure 

5.15

9.49

7.08

 

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

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