HelpYourNGO - Children - Vathsalya-Charitable-Trust

Vathsalya Charitable Trust

Sector: Children
Sub Sector: Child Care/Balwadi/Creche
Tax Deduction: 50% u/s 80G of The Income Tax Act, 1961
FCRA:

UN Sustainable Development Goals:
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% Spent on Beneficiaries

74%
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.

Year of Establishment : 1988
Registered Address : No. 717, 5th Cross, HRBR Layout, Kalyan Nagar, Bengaluru 560043, Karnataka
Presence : Karnataka
Website : https://www.vctblr.org
Email : shapingdestinies@vctlr.org
Telephone : +91 8971929991
Donor Contact : Ms. Mary Paul / +91 8025457360 / administrator@vctlr.org
Registered Under : The Indian Trust Act, 1882
Auditor : Sonde Srinivas & Co.
Bankers : State Bank Of India
Trustees/Directors/Managing Committee: : Mr. Sailesh Sreedhar Katarey (Chairman), Ms. Preeth David (Secretary), Mr. Vishal Bhaskaran (Treasurer), Ms. Miriam Manjula Swaroop, Ms. Meera Banerji, Dr. M. I. M. Nehruji

Vathsalya Charitable Trust (VCT) focuses on the adoption and serving of marginalized children and their families in migrant communities. The goal is to strengthen families through child development, utilizing child-centric and community-driven program methodologies. They are dedicated to reaching those who are unreached and disadvantaged.

Major Interventions:

Child Development Program (CDC) focuses on the holistic development of young children, preparing them for a smooth transition into formal schools. The curriculum has been expanded to include local languages, such as Kannada and Hindi, along with subjects like mathematics, English, and General Knowledge. The program also provides comprehensive day-care services, health checkups, and nutritional support.

Child Nutrition Program (CNP) takes a multifaceted approach to address the nutritional needs of children and their families. The program provides nutrition support initiatives, including eggs and a multi-mineral protein porridge. It also conducts regular medical screenings and growth monitoring activities, with a particular focus on children with low hemoglobin levels. Parent meetings are held to educate families on topics like family strengthening, nutrition, hygiene, anemia, and the importance of iron supplements.

Education Sponsorship Program provides financial support and mentorship to children from low socioeconomic backgrounds. The program partners with schools in and around Bangalore to provide tuition for students from grades one to ten. The program's team closely monitors each child's progress through regular follow-ups, home visits, and workshops. It also works to identify and address sponsorship gaps for high school graduates and to secure funding for their higher education.

Income Generation Program (IGP) empowers women and young mothers by providing them with skill development, peer support, and community engagement initiatives. The program has been restructured to transition away from a capital-assistance model to a training model, enabling women to monetize skills such as tailoring and other home-based businesses, thereby fostering financial independence.

FY 2021 (₹) FY 2022 (₹) FY 2023 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources - - -
General Donations 29,692,562 28,413,310 28,265,595
Sales/Fees - - -
Interest/Dividend 968,351 964,629 1,103,585
Other Income 23,895 - -
Total Income (A) 30,684,808 29,377,939 29,369,180
 
Expenditure
Direct Program Activities 13,589,584 25,581,373 21,818,641
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 13,589,584 25,581,373 21,818,641
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 4,058,496 4,759,763 6,010,689
Depreciation 1,630,408 1,611,728 1,711,778
Other Expenses/Transfers - - -
Total Expenditure (B) 19,278,488 31,952,864 29,541,108
 
Surplus / Deficit (A-B) 11,406,320 -2,574,925 -171,928
Assets
Fixed Assets 14,344,632 14,104,223 14,185,874
Current Assets 27,004,117 26,249,970 27,887,188
Cash And Bank - - -
Total Current Assets 41,348,749 40,354,193 42,073,062
Investments - - -
Accumulated Deficits - - -
Total Assets 41,348,749 40,354,193 42,073,062
 
Liabilities
Trust Corpus - - -
General Funds 41,348,749 40,354,193 42,073,062
Earmarked Funds - - -
Unutilized Grants - - -
Total 41,348,749 40,354,193 42,073,062
Loans - - -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 41,348,749 40,354,193 42,073,062
1) No detailed breakdown has been received on program expenses.
2) Surplus or deficit may be different, as the NGO has not considered depreciation.
FY 2021 FY 2022 FY 2023
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.) - - -
NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹)
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
arr3
Grace Peter Charitable Trust Children Services Tamil Nadu 94 647,790 659,846
arr3
Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
arr2
Udayan Care Children Comprehensive Delhi 91 298,543,212 266,158,757
arr2
Vathsalya Charitable Trust Children Child Care/Balwadi/Creche Karnataka 74 29,369,180 29,541,108
Sahaara Charitable Society Children Comprehensive Maharashtra 71 44,831,763 54,438,888


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