HelpYourNGO
HelpYourNGO Foundation
Governance
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50% u/s 80G of The Income Tax Act, 1961
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 | : | 2014 |
| Registered Address | : | 103, Regent Chambers, Nariman Point, Mumbai 400021, Mumbai 400021, Maharashtra |
| Website | : | https://www.helpyourngo.com |
| : | info@helpyourngo.com | |
| Telephone | : | +91 22 61361223 |
| Donor Contact | : | Mr. Alex Rodrigues (Accountant) / info@helpyourngo.com |
| Registered Under | : | Others |
| Auditor | : | Jigar M. Shah & Associates |
| Bankers | : | HDFC Bank |
| Trustees/Directors/Managing Committee: | : | Mr. Iyer Venkata Subramaniam , Ms. Winnie Dholakia , , |
Programs
HYNGO was set up with the goal of promoting transparency in the social sector and helping donors make donation decisions in a strategic manner. HYNGO is the only organization in India standardizing detailed financial and program information on 700 NGOs across 500+ zip-codes, 13 causes and all 17 UN Sustainable Development Goals (SDGs).
Our Simple, Transparent, Easy to adopt, Plug-and-Play SaaS Solutions
1) hynGO: The aim is to build mini Harvard-style Endowments for credible NGOs and supporting them over a long period of time. hynGO was born out of our desire to create an easy, long-term solution for individuals and companies to support vetted Indian NGOs - and for NGOs to have visibility on their annual fund flows, thereby allowing better planning of their programs and activities. There is complete transparency since our team monitors the utilization of funds and shares half-yearly program reports and fund utilization statements with the donors. A one time donation via hynGO supports the selected NGOs for at least 10 years!
2) Systematic Giving Plan (SGP): A first of its kind initiative which enables investors to contribute 10% of their investment with a Mutual Fund every year to NGOs vetted and monitored by HYNGO. Quantum Mutual Fund is the first fund house to adopt SGP.
3) Donation On Redemption (DOR): Enables mutual fund investors to seemlessly donate to vetted NGOs at the time of redemption of their mutual fund units.
Key Donors
- Stone Shippers Ltd.
- Jardine Llyod Thompson Quantum Advisors Pvt. Ltd.
- Cricket Club of India
- Padmanabh Mafatlal Group
- Oil Field Instrumentation (India) Pvt. Ltd.
- The Watumull Foundation
- D. L. Shah Trust
Awards & Recognition
- SGP was awarded the 'Best Social Impact Initiative' at the India Wealth Awards organized by AIWMI - 2018 Article on SGP published in Civil Society magazine's Feb 2019 issue
HelpYourNGO Support
₹ 2,276,433
Financials
| Income & Expenditure Statement | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Income | |||
| Government Sources | - | - | - |
| Foreign Sources | - | - | - |
| Institutional Sources | - | - | - |
| General Donations | 2,186,877 | 311,815 | 351,712 |
| Sales/Fees | - | - | - |
| Interest/Dividend | 87,275 | 33,183 | 15,689 |
| Other Income | 56,424 | 49,450 | 106,485 |
| Total Income (A) | 2,330,576 | 394,448 | 473,886 |
| Expenditure | |||
| Direct Program Activities | 2,100,158 | 367,439 | 243,155 |
| Program Staff Cost | - | 146,512 | 403,701 |
| Travel Expenses | - | - | - |
| Direct Program Expenses | 2,100,158 | 513,951 | 646,856 |
| Fund Raising Expenses | 31,616 | 4,824 | 5,498 |
| General Staff Cost | - | - | - |
| Overhead Expenses | 51,997 | 44,241 | 63,371 |
| Depreciation | 1,002 | 4,132 | - |
| Other Expenses/Transfers | - | - | - |
| Total Expenditure (B) | 2,184,772 | 567,148 | 715,725 |
| Surplus / Deficit (A-B) | 145,804 | -172,700 | -241,839 |
| Balance Sheet | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Assets | |||
| Fixed Assets | 17,829 | 368 | 368 |
| Current Assets | 159,949 | 58,228 | 31,364 |
| Cash And Bank | 701,385 | 568,888 | 273,384 |
| Total Current Assets | 879,163 | 627,484 | 305,116 |
| Investments | 4,688,759 | 4,482,493 | 4,072,973 |
| Accumulated Deficits | - | - | 140,330 |
| Total Assets | 5,567,922 | 5,109,977 | 4,518,419 |
| Liabilities | |||
| Trust Corpus | 100,000 | 100,000 | 100,000 |
| General Funds | 5,412,235 | 4,978,027 | 4,386,619 |
| Earmarked Funds | - | - | - |
| Unutilized Grants | - | - | - |
| Total | 5,512,235 | 5,078,027 | 4,486,619 |
| Loans | - | - | - |
| Loans (From Members) | - | - | - |
| Current Liabilities | 55,687 | 31,950 | 31,800 |
| Other Liabilities | - | - | - |
| Total Liabilities | 5,567,922 | 5,109,977 | 4,518,419 |
| Financial Notes |
| 1) Other Income includes capital gains from redemption of mutual funds. |
Additional Information
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Beneficiary Details | |||
| Direct Beneficiaries (nos.) | 39 | 27 | 47 |
| 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 |
| Association for Democratic Reforms (ADR) | Governance | Delhi | 98 | 28,579,962 | 29,057,318 | 2024 | |
| Youth for Social Development (YSD) | Governance | Orissa | 97 | 17,635,920 | 18,512,126 | 2023 | |
| Informed Voter Project (MumbaiVotes) | Governance | Maharashtra | 91 | 928,887 | 992,116 | 2015 | |
| HelpYourNGO Foundation | Governance | Maharashtra | 90 | 473,886 | 715,725 | 2024 | |
| Daksh Society | Governance | Karnataka | 86 | 966,788 | 1,025,561 | 2014 | |
| Human and Institutional Development Forum | Governance | Karnataka | 82 | 9,635,807 | 8,176,994 | 2015 |
