AHL is funded by the Government and from public donations. AHL also collects nominal fees from the relatives of the residents. Such fees are based on the family’s financial background and their ability to pay. Ninety per cent of the residents are subsidized by the Government.
Details of Income & Expenditure available on the same website.
| Incoming Receipts |
2003
(S$) |
2004
(S$) |
2005
(S$) |
2006
(S$) |
2007
(S$) |
2008
(S$) |
GROWTH %
2008 vs 2007 |
Donations
-Tax Deductible
-Non-Tax Deductible |
390,966
47,152 |
429,264
175,500 |
354,581
162,852 |
340,042
1623 |
669,020
3608 |
351,122
9,935 |
-47.52
175.36
|
| Government Grants |
2,408,657 |
2,405,232 |
2,537,272 |
2,454,660 |
2,448,471 |
2,553,213 |
4.27 |
| Residents fees |
1,180,177 |
1,134,779 |
1,054,886 |
1,043,075 |
1,047,907 |
1,019,783 |
-2.68 |
| Investment income |
11,501 |
18,638 |
71,718 |
122,634 |
171,294 |
113,626 |
-33.67 |
| Flag Day |
132,151 |
0 |
12603 |
0 |
0 |
0 |
0 |
| Others |
45,829 |
43,916 |
45,864 |
75,781 |
75,681 |
83,457 |
10.27 |
| Total Receipts |
4,216,433 |
4,207,329 |
4,239,776 |
4,032,217 |
4,415,981 |
4,203,133 |
-4.82 |
| Expenses |
2003
(S$) |
2004
(S$) |
2005
(S$) |
2006
(S$) |
2007
(S$) |
2008
(S$) |
GROWTH %
2008 vs 2007 |
Direct Charitable Expenses
- Local
- Overseas |
3,448,139 |
3,405,442 |
3,465,226 |
2,685,860 |
2,559,070 |
2,695,466 |
5.33 |
Operating /
Administration Expenses |
277,270
|
262,402 |
392,427 |
1,242,400 |
1,175,065 |
1,210,273 |
3.00 |
| Fundraising |
9,695 |
0 |
972 |
0 |
0 |
0 |
0 |
| Publicity |
|
|
|
|
|
|
|
| Capital Expenses |
23,577 |
8,998 |
2,748 |
38273 |
11,235 |
4,340 |
-61.37 |
| Others |
513 |
864 |
603 |
705 |
589 |
625 |
6.11 |
| Total Expenditure |
3,759,194 |
3,677,706 |
3,861,976 |
3,967,238 |
3,745,959 |
3,910,704 |
4.40 |
| Excess (Deficit) |
457,239 |
529,623 |
377,800 |
70,577 |
670,022 |
292,429 |
-56.36 |
| BALANCE SHEET |
2003
(S$) |
2004
(S$) |
2005
(S$) |
2006
(S$) |
2007(S$) |
2008 (S$) |
Growth %
2008 vs 2007 |
| ASSETS |
|
|
|
|
|
|
|
| Land and Building |
9,814,105 |
9,422,551 |
9,030,997 |
8,639,443 |
8,247,890 |
7,856,336 |
-4.75 |
| Tangible Assets |
259,706 |
267,613 |
202,479 |
115,917 |
122,128 |
69,971 |
-42.71 |
| Investments |
|
|
|
|
|
|
|
| Inventories |
|
|
|
|
|
|
|
| Accounts Receivable |
260,630 |
197,216 |
189,021 |
194,234 |
188,295 |
187,600 |
-0.37 |
| Cash & Deposits |
4,873,913 |
5,564,196 |
6,091,833 |
6,358,336 |
7,163,685 |
7,578,132 |
5.79 |
| Others |
|
|
|
|
|
|
|
| Total Assets |
15,208,354 |
15,451,576 |
15,514,330 |
15,307,930 |
15,721,998 |
15,692,039 |
-0.19 |
FUNDS |
| General Fund |
6,771,179 |
7,215,355 |
7,500,421 |
8,127,023 |
8,697,322 |
8,886,393 |
2.17 |
| Building Fund |
7,562,837 |
7,261,707 |
6,956,980 |
6,647,648 |
6,348,060 |
6,048,472 |
-4.72 |
| Maintenance Fund |
361,502 |
362,801 |
366,348 |
184,783 |
189,952 |
195,346 |
2.84 |
| Medifund Fund |
202,462 |
286,610 |
375,797 |
469,595 |
593,694 |
801,694 |
35.03 |
| Total Funds |
14,897,980 |
15,126,473 |
15,199,546 |
14,959,454 |
15,829,028 |
15,931,905 |
0.65 |
LIABILITIES |
| Long-Term Liabilities |
- |
- |
- |
- |
- |
- |
- |
| Current Liabilities |
310,374 |
339,986 |
324,528 |
347,139 |
390,773 |
367,973 |
-5.83 |
| Total Liabilities |
310,374 |
339,986 |
324,528 |
347,139 |
390,773 |
367,973 |
-5.83 |
| Total Liabilities and Funds |
15,208,354 |
15,466,459 |
15,524,074 |
15,306,593 |
16,219,801 |
16,299,878 |
0.49 |
OTHER INFORMATION |
| Donations/ Grants and Sponsorship given to other Charities (S$) |
- |
- |
- |
- |
- |
- |
- |
| No. of Employees |
99 |
99 |
81 |
103 |
97 |
100 |
3.10 |
| Total Employee Costs (S$) |
1,202,020 |
1,383,265 |
1,446,098 |
1,587,543 |
1,549,880 |
1,567,691 |
1.15 |
| Total Related Party Transactions (S$) |
- |
- |
- |
- |
- |
- |
- |
| Fund-raising efficiency |
- |
- |
- |
- |
- |
- |
- |
| Ratio of reserves to annual operating expenditure |
- |
- |
- |
- |
- |
- |
- |
| Annual Salary of 3 highest paid staff |
- |
- |
- |
81,271
46,610
43,670 |
81,130
45,320
45,320 |
86920
48500
45700
|
7.14
7.02
0.84
|
|
