HelpYourNGO

HelpYourNGO

Reaching Hand Trust

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

UN Sustainable Development Goals:

Quality Education Gender Equality Decent Work and Economic Growth

% Spent on Beneficiaries

88%

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 : 1996
Registered Address : No 44, 1st Floor, Nehru Road, Above Syndicate Bank, Yadava Layout, Aravind Nagar, St. Thomas Town Post, Bengaluru 560084, Karnataka
Website : https://www.reachinghand.org
Email : info@reachinghand.org
Telephone : +91 80 41677874
Donor Contact : Mr. Akhaya Kumar Sagar (Chief Operating Officer) / +91 9972584243 / sagar@reachinghand.org
Registered Under : Others
Auditor : Charles Prabakar and Associates
Bankers : South Indian Bank HDFC Bank ICICI Bank Canara Bank
Trustees/Directors/Managing Committee: : Mr. V. M. Samuel, President , Mr. K. T. Saju, Secretary , Mr. T. M. Santhosh, Treasurer , Mr. D. V. Krishnan, Trustee , Mr. Abey Thomas, Trustee , Mr. Fenwick, Trustee , Dr. George Cherian, Trustee , Mr. C. Srinivas Raghavan, Trustee

Programs

Major Programs are:

Namma Shale - A government school adoption Program: Reaching Hand partners with government schools & Department of Public Instruction to improve the quality of education by providing students and teachers with infrastructure facility, trainings and learning equipment. It reaches out to over 6,800 students and 360 teachers across 24 schools. Their aim is to make the adopted school become model schools in society over a period of time.

New Home: Reaching Hand has rented two shelter homes for orphans and destitute children consisting of 46 children (23 girls & 23 boys). The aim is to reduce the suffering of the abandoned, destitute, and vulnerable children by providing them necessary support, protection, nutritious food, health care, and quality education along with life skills so that they become more productive. The NGO aims to have its own permanent Home where they can accommodate 500 children.

Scholarship:  Through its scholarship program Reaching Hand provides financial support to children who desire to continue higher studies. Till date the NGO has supported over 70 beneficiaries for their education. Underprivileged children and youths who are at risk of becoming school dropouts or who discontinue studies for various reasons (often financial) are given a chance to take their education further.

Water, Sanitation and Hygiene (WASH) program: Through the Girls Glory project, Reaching Hand builds toilets, provides sanitary pads and educates girls about proper hygiene and sanitation in government schools. This helps prevent early dropouts, improves health and education, and also encourages them to live a dignified life. During the year, around 400 girls from 10 schools were provided with sanitary pads, 2 toilets were constructed & 5 toilets are under construction.

Women Empowerment: Reaching Hand trains women in candle making, chocolate making, bag making, etc. with the aim of making them self-sufficient & a contributor to family income.

Financials

Income & Expenditure Statement
FY 2019 (₹) FY 2020 (₹) FY 2021 (₹)
Income
Government Sources - - -
Foreign Sources 30,175,881 19,386,784 41,802,723
Institutional Sources - - -
General Donations 69,802,818 47,527,688 20,361,253
Sales/Fees - - -
Interest/Dividend 549,064 418,634 223,445
Other Income 3,855,842 6,228,339 1,225,352
Total Income (A) 104,383,605 73,561,445 63,612,772
Expenditure
Direct Program Activities 86,730,553 74,856,219 62,597,912
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 86,730,553 74,856,219 62,597,912
Fund Raising Expenses 609,677 - 1,233,164
General Staff Cost - - -
Overhead Expenses 5,975,163 5,681,885 3,802,597
Depreciation 3,841,624 4,797,113 3,356,376
Other Expenses/Transfers - 69,057 -
Total Expenditure (B) 97,157,018 85,404,274 70,990,048
 
Surplus / Deficit (A-B) 7,226,587 -11,842,829 -7,377,276
Balance Sheet
FY 2019 (₹) FY 2020 (₹) FY 2021 (₹)
Assets
Fixed Assets 79,393,039 76,151,994 73,957,960
Current Assets 4,696,750 6,461,844 6,670,746
Cash And Bank 20,412,115 9,396,023 6,254,574
Total Current Assets 104,501,904 92,009,861 86,883,280
Investments 416,248 472,752 2,472,752
Accumulated Deficits - - -
Total Assets 104,918,152 92,482,613 89,356,032
Liabilities
Trust Corpus 1,000 1,000 -
General Funds 78,100,683 66,257,855 58,881,578
Earmarked Funds - - -
Unutilized Grants - - -
Total 78,101,683 66,258,855 58,881,578
Loans 26,801,469 25,901,853 30,411,581
Loans (From Members) - - -
Current Liabilities 15,000 321,905 62,873
Other Liabilities - - -
Total Liabilities 104,918,152 92,482,613 89,356,032
Financial Notes
1) Direct Programme Activities include overheads like electrity, rent, maintenance pertaining to programmes. It also includes Loan Interest paid for the Building (Rs23 lakhs in FY15 and Rs16 lakhs in FY14). 2) Fund Raising Expenses mainly include salaries of fund raising staff and promotional material. 3) Fixed Assets balance has increased significantly in FY14 due to purchase of Land (Rs230 lakhs). 4) In FY13, Earmarked Funds comprise Land & Building Fund, which have been transferred to General Funds from FY14 onwards.

Additional Information

FY 2019 (₹) FY 2020 (₹) FY 2021 (₹)
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
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
Reaching Hand Trust Children Comprehensive Karnataka 88 63,612,772 70,990,048 2021