HelpYourNGO
Ashraya Seva Trust
Sector
Elderly
Elderly
Sub Sector
Home/Shelter
Home/Shelter
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
50% u/s 80G of The Income Tax Act, 1961
FCRA
UN Sustainable Development Goals:
% Spent on Beneficiaries
HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.
NGO Details
| Year of Establishment | : | 2005 |
| Registered Address | : | #135, 1st floor K Block, Dr. Rajkumar Road, Rajajinagar, Bengaluru 560010, Karnataka |
| Website | : | https://www.ashraya.ngo/ |
| : | sevatrust.aashraya@gmail.com | |
| Telephone | : | +91 80 23124666 |
| Donor Contact | : | Ms. K T Rani (Managing Trustee) / +91 9845909777 / rani.kt@ashrayasevatrust.org |
| Registered Under | : | The Bombay Public Trust Act, 1950 |
| Auditor | : | Sharath Udupi & Co. |
| Bankers | : | Corporation Bank State Bank of Mysore |
| Trustees/Directors/Managing Committee | : | Ms. Rani K. T. , Managing Trustee , Ms. Rashmi M. K. , Secretary , Ms. Suma Nachappa, Trustee , Ms. K. D. Poovamma, Trustee |
Presence
Programs
The activities are focused on providing:
- Basic amenities: The Trust provides healthy food, shelter, and other basic necessities with utmost love, affection and care to around 55 elderly women & about 10 orphan children.
- Healthcare: The Trust conducts health check-ups for the inmates and distributes free medicines at regular intervals. The trust is associated with local hospitals such as M. S. Ramiah and Manipal, as well as private doctors, for organising health camps. The Trust conducted medical camps in rural areas for people who do not have access to healthcare. Medical check-ups were organized for those above 50 the Trust ensured vaccinations for children.
- Women Empowerment: The Trust helps empower women who are divorced or widowed, by providing them with skill sets, based on their interests, so that they can earn a livelihood.
- Recreation: The Trust organises bhajans, yoga, and meditation classes to encourage the inmates towards spirituality. Regular counselling by psychiatrists is also organised. The trust conducts tours and picnics to nearby temples and places of interest to help the inmates relax and have fun. The Trust also organises celebrations during the Ganesh festival, Diwali, and Christmas to make the residents feel at home.
The Trust is engaged in constructing new Old Age Homes with better amenities to accommodate orphans, widows, and divorcees thereby providing them with basic necessities.
Key Donors
- Aashwasan Foundation
- Amadeus Software Labs India
- Atharvi Charitable Trust
- M. S. Ramaiah Medical College
- XL India Business Solutions Pvt. Ltd.
HelpYourNGO Support
₹ 311,558
Donation Options
- ₹2,500/- to sponsor 1 meal per beneficiary for 1 month OR
- You can make a General Donation of ₹1,000/- or more
Financials
| Income & Expenditure Statement | |||
| FY 2016 (₹) | FY 2017 (₹) | FY 2018 (₹) | |
| Income | |||
| Government Sources | - | - | - |
| Foreign Sources | 357,182 | - | - |
| Institutional Sources | 576,000 | - | 1,663,300 |
| General Donations | 2,502,954 | 4,416,716 | 2,657,135 |
| Sales/Fees | - | - | - |
| Interest/Dividend | 161,509 | 279,644 | 327,358 |
| Other Income | - | - | - |
| Total Income (A) | 3,597,645 | 4,696,359 | 4,647,794 |
| Expenditure | |||
| Direct Program Activities | 1,963,445 | 1,650,618 | 1,528,778 |
| Program Staff Cost | 647,556 | 1,116,286 | 1,434,950 |
| Travel Expenses | 63,459 | 67,619 | 117,169 |
| Direct Program Expenses | 2,611,001 | 2,766,904 | 2,963,728 |
| Fund Raising Expenses | 57,790 | 29,510 | 108,836 |
| General Staff Cost | - | - | 41,257 |
| Overhead Expenses | 216,109 | 105,832 | 128,820 |
| Depreciation | 281,984 | 251,720 | 268,561 |
| Other Expenses/Transfers | - | - | - |
| Total Expenditure (B) | 3,230,343 | 3,221,586 | 3,628,371 |
| Surplus / Deficit (A-B) | 367,302 | 1,474,773 | 1,019,423 |
| Balance Sheet | |||
| FY 2016 (₹) | FY 2017 (₹) | FY 2018 (₹) | |
| Assets | |||
| Fixed Assets | 1,696,943 | 1,637,324 | 1,714,750 |
| Current Assets | 1,416,484 | 1,520,103 | 291,722 |
| Cash And Bank | 1,437,192 | 3,012,517 | 2,614,984 |
| Total Current Assets | 4,550,619 | 6,169,944 | 4,621,456 |
| Investments | 1,171,777 | 1,249,425 | 3,626,487 |
| Accumulated Deficits | - | - | - |
| Total Assets | 5,722,396 | 7,419,369 | 8,247,942 |
| Liabilities | |||
| Trust Corpus | - | - | - |
| General Funds | 4,030,396 | 5,521,519 | 6,540,942 |
| Earmarked Funds | 575,000 | 575,000 | 575,000 |
| Unutilized Grants | - | - | - |
| Total | 4,605,396 | 6,096,519 | 7,115,942 |
| Loans | 1,117,000 | 1,094,000 | 1,132,000 |
| Loans (From Members) | - | - | - |
| Current Liabilities | - | 228,850 | - |
| Other Liabilities | - | - | - |
| Total Liabilities | 5,722,396 | 7,419,369 | 8,247,942 |
| Financial Notes |
|
1) Rent, Electricity, Water Charges included in Direct Program Expenses as the NGO runs a Home for abandoned elderly women.
2) In FY13 and FY14, commission paid for fund raising taken in Fund Raising Expenses. This was discontinued in FY15 as it did not yield adequate income. |
Additional Information
| FY 2016 (₹) | FY 2017 (₹) | FY 2018 (₹) | |
| Beneficiary Details | |||
| Direct Beneficiaries (nos.) | - | - | - |
| Indirect Beneficiaries (nos.) | - | - | - |
| Average Cost per Direct Beneficiary (₹) | - | - | - |
| Staff Details | |||
| No. of Staff | - | - | - |
| Number of Consultants | - | - | - |
| Number Of Volunteers | - | - | - |
| Total | - | - | - |
| Highest Paid Full-Time Staff (₹ p.a.) | - | - | - |
| Lowest Paid Full-Time Staff (₹ p.a.) | - | - | - |
Financial Overview:
Income and Expenses
Peer Comparison
| NGO Name | Sector | Sub Sector | Location | % Spent on Beneficiaries | Income (₹) | Expense (₹) | FY |
| Shield Foundation | Elderly | Care & Services | Maharashtra | 98 | 521,990 | 506,351 | 2013 |
| Aastha Foundation, Aurangabad | Elderly | Home/Shelter | Maharashtra | 94 | 1,830,895 | 2,857,346 | 2023 |
| Sarojini Naidu Rural Welfare and Educational Trust | Elderly | Home/Shelter | Tamil Nadu | 94 | 198,101 | 197,489 | 2013 |
| Agewell Foundation | Elderly | Advocacy | Delhi | 94 | 37,018,318 | 36,388,625 | 2024 |
| India Community Development Service Society | Elderly | Care & Services | Karnataka | 90 | 8,663,719 | 8,058,304 | 2020 |
| Ashraya Seva Trust | Elderly | Home/Shelter | Karnataka | 85 | 4,647,794 | 3,628,371 | 2018 |
