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Ratna Nidhi Charitable Trust
Estd: 1967
Used for Beneficiaries: 84%
Address : 5th Floor, Vasant Vilas, 31, Dr. D. D. Sathye Marg, Girgaum, Mumbai 400004. Maharashtra
Email :
Web-site :
Telephone : +91 22 23898930
Donor Contact : Mr. Rajiv Mehta / +91 9820100294 /
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201220132014
Income From
Government Sources4,544,23426,303,3820
Institutional Sources4,232,7973,842,9205,672,167
Foreign Sources5,747,67312,206,9746,122,959
Other Income036,2920
Total Income (A)19,392,81444,869,15615,365,162
Expenses For
Direct Programme Activities20,593,34232,886,2789,234,437
Programme Staff Cost3,785,7033,610,6983,416,638
Travel Expenses523,761333,603150,744
Direct Programme Expenses24,902,80636,830,57912,801,819
Fund Raising Expenses000
General Staff Cost000
Overhead Expenses1,449,3151,642,3251,849,091
Other Expenses/Transfer126,2010162,155
Total Expenditure (B)27,235,16839,021,36715,217,323
Surplus / (Deficit) (A-B)-7,842,3545,847,789147,839
Balance Sheet201220132014
Fixed Assets2,381,7711,990,8441,469,440
Current Assets (excl. Cash)1,752,6202,246,4251,755,147
Cash/Bank 3,828,6265,215,6928,740,471
Accumulated Deficits000
Total Assets14,666,40315,033,97513,695,159
Corpus / Share Capital1,285,9941,285,9941,285,994
General Funds2,006,4437,854,2328,002,071
Earmarked Funds1,079,3563,580,8382,064,167
Current Liabilities10,294,6112,312,9112,342,928
Total Liabilities14,666,40315,033,97513,695,159
Other Details201220132014
Direct Beneficiaries (Nos)N.A.17,3557,702
Indirect Beneficiaries (Nos)N.A.18,45045,000
Cost Per Direct Beneficiary (Rs)N.A.2,2171,923
Number of Staff2222N.A.
Highest Salary (Rs p.a.)600,000600,000N.A.
Lowest Salary (Rs p.a.)84,00090,000N.A.
Regd. under : The Bombay Public Trust Act, 1950
Auditor : B. R. Maniar & Co.
Bankers : Central Bank of India
Ratnakar Bank

Donor tax benefits : 35AC 100%, 80G 50%
Eligible for foreign donations : Yes

Trustees/Directors/Managing Committee:
Ms. Asha Mehta, Trustee Mr. Rajiv Mehta, Trustee
Mr. Prakash Mehta, Trustee Ms. Jyotsna Mody, Gen. Manager
Ms. Nanda Thakkar, Project Coordinator Ms. Ranjana Jadhav, Head Vocational Training
Ms. Ami Doshi, Manager

Source : Audit Report 2014

Financial Note : 1) The surge in FY13 income was due to Grant from the Government of Gujarat. There was no Government Income in FY14. 2) The NGO has provided overall amounts spent on various projects/camps, but not a detailed breakdown. 3) Professional Fees taken in Programme Staff Cost. 4) In FY14, Loss on sale of car taken in Other Expenses.

NGO Profile :
Ratna Nidhi Charitable Trust (RNCT) was set up to tackle the problem of poverty in Mumbai among young children. It provided food to school children, mobility aids to the disabled, vocational training and educational sponsorship. It has expanded its operations to countries like Afghanistan, Sudan, Kenya and Burundi.

Key Activities:

In FY13, 32% of expenses were on medical relief whereas in FY14 (total income fell 66% YoY), 29% was spent on Nutrition for school children.

  • Food for Education project: RNCT has partnered with many schools and NGOs in Mumbai to provide healthy and freshly prepared food for school children. Around 4,500 to 5,000 meals are provided daily, reaching around 3,000 children every day. Some of the new NGOs they have partnered with are CORP, Sujaya Foundation, Masoom, Sunrise, Childrens Aid Society, Gharkool and Buniyaad.
  • Mobility camps for Rehabilitation of the Disabled: The NGO holds camps at various locations across India. The camps are organised over several days to provide mobility aids to the disabled. In FY13, RNCT reached out to more beneficiaries than in other years due to a 13-day Mega Mobility camp held at Palitana, in the Bhavnagar district of Gujarat. Around 11,300 beneficiaries were given mobility aids and hearing aids in FY13; this number fell to 2,057 in FY14. RNCT also donated hospital equipment to various trusts.
  • Educational Sponsorship: RNCT continues to sponsor the education of 245 children who lost their parents to terror attacks in Mumbai in 2008 and 2011.
  • Vocational Training: During the year, RNCT provided training in running small businesses and other vocations to street children and those in remand homes. Around 900 youngsters were trained in FY14 versus 3,216 in FY13.
  • Garments project: RNCT distributed around 45,000 garments that it received from its partners abroad to various NGOs such as Reliance Foundation, Dharampur Agricultural Rural Development, Shrimad Rajchandra Mission, Slum Rehabilitation Society and Nashik Adivasi Mahila Seva.