Financial Information

Incoming Receipts

2017 (S$'000)

2018 (S$'000)

2019 (S$'000)

%Increased/ (Decreased)

(2019 on 2018)

Tax-Deductible Donations (B1) 5,493 4,720
5,982 26.7%
Non-Tax-Deductible Donations (B2) 1,443  2,253
2,903 28.9%
Government Grants 13,609 14,246
14,190 (0.4%)
Programme Fees 2,087 1,832
3,162 72.6%
Other Income 450 507
290 (42.8%)
Total Receipts 23,082 23,558
26,527 12.6%

Expenditure

2017 (S$'000)

2018 (S$'000)

2019 (S$'000)

%Increased/ (Decreased)

(2019 on 2018)

Charitable Activities/Programme Expenses
- Local
- Overseas
 
17,825
64
 
19,456
97
 
22,915
188
 
17.8%
93.8%
Fund-raising Expenses (A) 1,370
1,059
1,490 40.7%
Other Expenses 1,512 1,467
1,631 11.2%
Total Expenditure (D) 20,771 22,079
26,224 18.8%
Surplus / (Deficit) 2,311 1,479
303 (79.5%)

Balance Sheet

2017 (S$'000)

2018 (S$'000)

2019 (S$'000)

%Increased/ (Decreased)

(2019 on 2018)

ASSETS

Tangible Assets 3,801 3,966
3,734 (5.9%)
Intangible Assets 1,272 1,279
886 (30.7%)
Inventories 31 39
32 (17.9%)
Accounts Receivables 4,144 8,415
4,695 (44.2%)
Cash and Deposits 13,075 11,634
17,536 50.7%
Total Assets 22,323 25,333 26,883 6.1%

FUNDS

Non-Restricted Fund (C) 10,255 11,554
12,535 8.5%
Restricted Fund 1,863 2,042
1,365 (33.2%)
Total Funds 12,118 13,596
13,900 2.2%

LIABILITIES

Current Liabilities 5,450 6,735
8,822 31.0%
Non-Current Liabilities 4,755 5,002
4,161 (16.8%)
Total Liabilities 10,205 11,737
12,983 10.6%
Total Funds and Liabilities 22,323 25,333
26,883 6.1%

Other Information

2017

2018

2019

%Increased/ (Decreased)

(2019 on 2018)

Donations / Grants and Sponsorship given to other Charities (S$'000) 40 40 40 -
No. of Employees 243 255
306 20.0%
Total Employee Costs (S$'000) 13,609
15,183
17,778 17.1%
Total Related Party Transactions ($'000) 2,079
1,635
2,399 46.7%
Fund-raising Efficiency Ratio (A)/(B1+B2) 0.20 0.15
0.168 10.4%
Ratio of reserves to annual operating expenditure (C)/(D) 0.49 0.52
0.478 (8.7%)

Notes:

  1. The above figures do not include the results of TOUCH Family Services Limited and TOUCH International Ltd which are different entities captured separately. 

  2. Related Party Transactions refer to transactions with affiliated companies. It includes donations received, rental charges, reimbursement of expenses and other payments for services received or rendered.