HelpYourNGO

HelpYourNGO

Vidyanikethan

Sector
Children
Sub Sector
-
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
FCRA

% Spent on Beneficiaries

98%

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 : 1988
Registered Address : 24, jaraganahalli, J P Nagar 6th Phase, Bangalore, Bengaluru 560056, Karnataka
Website : https://www.vidyanikethan.org
Email : vidyanik@vidyanikethan.org
Telephone : +91 9341239364
Donor Contact : Neethu P S (Fundraising Manager) / 9003039083 / fundraisingmanager@vidyanikethan.org
Registered Under : The Societies Registration Act, 1860
Auditor : SS Nayak & Co
Bankers : Canara Bank State Bank of India
Trustees/Directors/Managing Committee: : Mr. Verghese Cleatus, President , Mr. Subramanya, Vice- President , Mrs. Susheela, Secretary , Mrs. Hemalatha, Treasurer , Mrs. Bhanumathy, Member , Mrs. Geeta Devi, Member , Mrs. Lilly Samuel, Member ,

Presence

Programs

Vidyanikethan is a not-for-profit organization founded in 1988 to improve the lives and livelihoods of people from the vulnerable, marginalized and under-developed sections of the society. Based in Bangalore, (India) Vidyanikethan’s special focus is on development of children and women from the low-income group families.

Their areas of work include:

Education: They reach out to children belonging to low-income groups to provide them opportunities in procuring quality education and developmental programs. They also encourage and motivate parents to enroll their children in childhood educational centres.

Health: They identify the healthcare needs of children and other beneficiaries and facilitate the process for identification and treatment of diseases through referrals and organizing health camps. They also undertake sensitization programmes on health and hygiene, and endeavour to improve sanitization infrastructure in schools and communities.

Environment: Vidyanikethan organizes tree plantation drives, rain water harvesting and watershed programmes

Socio-economic interventions: They help in mobilizing women in urban and rural areas to form self-help groups and organize vocational development programmes. Vidyanikethan also arranges loans to support self-employment enterprises.

Community based interventions: They identify the needs of communities in terms of infrastructure, and try to facilitate linkages with local stakeholders like the Gram Panchayati.

Key Donors

  • Terres De Homes-Netherlands, Accenture, NASSCOM Foundation, Faiveley Transport, Jana Capital, Cambium Networks, Bosch, Trends Limited, CAF.

Awards & Recognition

  • 1.Best Watershed Award for Alanatha in 2004 by NABARD- R.O. Karnataka. 2.Kittor Rani Chennamma Award for women and girl child development programmes in 2006 by WCD Department, GOK. 3.Best Watershed Award for Thattekere Watershed Project in 2006 by NABARD-R.O Karnataka 4.Academy Award of Lifetime Achievement to Dr. Nagaraj, Managing Trustee of Vidyanikethan 5.Certificate of Excellence to Sri Vidyanikethan for its Health and Nutrition Campaign

Donation Options

  • Rs 2000 for 1 child for 1 month, Rs 1500 for 1 child for 1 month in shelter homes, Rs 500 for 1 child for 1 month for mid day meal

Financials

Income & Expenditure Statement
FY 2018 (₹) FY 2019 (₹) FY 2020 (₹)
Income
Government Sources - - -
Foreign Sources - - -
Institutional Sources 18,218,990 19,265,788 24,943,652
General Donations 5,708,556 6,162,101 4,255,422
Sales/Fees 2,935,280 3,107,175 3,978,501
Interest/Dividend 220,684 113,579 90,381
Other Income 184,872 - -
Total Income (A) 27,268,383 28,648,643 33,267,956
Expenditure
Direct Program Activities 18,398,269 28,265,646 32,446,511
Program Staff Cost - - 852,590
Travel Expenses - - -
Direct Program Expenses 18,398,269 28,265,646 33,299,101
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 1,126,267 50,942 97,601
Depreciation 767,953 756,794 578,308
Other Expenses/Transfers 1,034,991 135,997 -
Total Expenditure (B) 21,327,480 29,209,379 33,975,011
 
Surplus / Deficit (A-B) 5,940,902 -560,736 -707,055
Balance Sheet
FY 2018 (₹) FY 2019 (₹) FY 2020 (₹)
Assets
Fixed Assets 11,459,911 11,744,226 11,165,917
Current Assets 14,312,893 15,671,897 16,268,559
Cash And Bank 1,253,394 1,338,923 1,539,186
Total Current Assets 27,026,198 28,755,046 28,973,662
Investments 340,692 240,692 240,692
Accumulated Deficits - - -
Total Assets 27,366,890 28,995,738 29,214,354
Liabilities
Trust Corpus - - -
General Funds 12,507,489 11,946,753 11,239,698
Earmarked Funds 13,819,841 15,099,153 17,113,889
Unutilized Grants 961,807 1,246,867 860,767
Total 27,289,137 28,292,773 29,214,354
Loans 77,753 702,965 -
Loans (From Members) - - -
Current Liabilities - - -
Other Liabilities - - -
Total Liabilities 27,366,890 28,995,738 29,214,354
Financial Notes
1)In FY18 & FY19, No break up of Direct Programme Expenses is given

Additional Information

FY 2018 (₹) FY 2019 (₹) FY 2020 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 300 450 600
Indirect Beneficiaries (nos.) 3,500 6,000 6,500
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 65 66 68
Number of Consultants 2 2 2
Number Of Volunteers 2 1 3
Total 69 69 73
Highest Paid Full-Time Staff (₹ p.a.) 228,000 264,000 300,000
Lowest Paid Full-Time Staff (₹ p.a.) 48,000 48,000 48,000

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Sanjivani Medical Training Centre Children Home/Transit Home Maharashtra 99 2,330,811 2,344,490 2015
Sabarmathi Social Seva Sangam Children Child Care/Balwadi/Creche Tamil Nadu 98 1,732,337 1,729,376 2014
Vidyanikethan Children Karnataka 98 33,267,956 33,975,011 2020
Bhatkya Vimukta Jati Shikshan Sanstha (BVJSS) Children Adoption Maharashtra 98 55,807,652 53,230,312 2023
Economic Rural Development Society (ERDS) Children Child Care/Balwadi/Creche West Bengal 97 10,417,505 10,477,932 2016
Need Base India Children Home/Transit Home Karnataka 96 5,327,400 4,238,544 2015