HelpYourNGO

HelpYourNGO

Vidya Poshak

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

UN Sustainable Development Goals:

Quality Education Reduced Inequalities

% Spent on Beneficiaries

93%

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 : 2001
Registered Address : 1st Floor, Yashoda Sadan, Vidyagiri, Dharwad 580004, Karnataka
Website : https://www.vidyaposhak.ngo
Email : venkatesh@vidyaposhak.org.in
Telephone : +91 9845038017
Donor Contact : Mr. Venkatesan N. (Chief Executive Officer) / +91 9845038017 / gfs.venky@gmail.com; info@vidyaposhak.org.in
Registered Under : The Societies Registration Act, 1860
Auditor : Meghanath Illur & Co.
Bankers : Canara Bank ICICI Bank State Bank of India
Trustees/Directors/Managing Committee: : Dr. Shashikant Y. Kulgod, President , Mr. Ravindra N. Guruvannan, Vice President , Mr. Chandrashekhar S.K., Secretary , Mr. Mahesh B Masal, Treasurer , Mr. Shrishail N. Yadahalli, Member , Dr. Kirti N. Shivakumar, Member , Mr. Murugendra M. Sindhur, Member

Presence

Programs

Vidya Poshak works on the belief that merit should never be limited by financial constraints. Its vision is to nurture academic potential, build life skills, and support young people to become confident, self-reliant, and socially responsible individuals. Through a student-centric approach, it combines financial assistance with mentoring, skill development, and community engagement to create long-term educational impact.

Major Interventions:

Financial Assistance: This flagship initiative provides financial aid to students from rural and semi-urban areas who demonstrate high academic potential despite financial hardships. The program offers scholarships, library access, and skill development opportunities. It emphasizes timely support, student orientation, and close monitoring to ensure continuity in education, along with regular engagement with families.

Nurture Merit Excel: This structured program specifically supports students pursuing professional degrees in fields like Engineering and Medicine. It covers tuition fees for the entire duration of the course and provides additional support for books and essential equipment. Mentorship from industry experts and access to digital learning platforms are key components that prepare these students for successful careers

Yuva Fellowship Program focuses on improving the quality of education in rural government schools. Fellows and interns work directly with students to enhance their skills in Mathematics, Science, and English. It emphasizes community engagement and parental involvement to create a supportive learning environment for younger children.

Residential Bridge Camps focuses on confidence building, goal setting, communication, and problem-solving skills by building soft skills, employment readiness, and critical thinking. These camps serve as intensive training sessions that help students transition from academic life to professional careers. Participants gain confidence and clarity regarding their career goals through expert-led sessions and interactive modules.

Competitive Exam Coaching helps students prepare for entrance tests like CET and NEET through online sessions and interactive learning. It identifies high-potential students from small towns and equips them with the necessary resources to achieve academic excellence.

Key Donors

  • LetzDream Foundation
  • Global Giving Foundation
  • Texas Instruments (I)
  • Charities Aid Foundation India
  • Aptiv Components India
  • IONIDEA Interactive Pvt. Ltd.
  • eVidyaloka
  • Give India

Awards & Recognition

  • Spirit of Humanities Award for Excellence in Education by Americares India - 2016 eNGO Award for Organizational efficiency - 2013

HelpYourNGO Support

₹ 76,573

Donation Options

  • ₹1,000/- for Sponsoring 1 year College fee of 1 student.
  • ₹3,000/- for Sponsoring 1 year Degree Course fee of 1 student.

Financials

Income & Expenditure Statement
FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Income
Government Sources - - -
Foreign Sources 5,256,737 5,256,737 -
Institutional Sources 39,457,969 39,457,969 -
General Donations 5,484,024 5,484,024 60,008,509
Sales/Fees 3,000 3,000 3,500
Interest/Dividend 4,217,310 4,217,310 4,596,768
Other Income 6,963 6,963 37,137
Total Income (A) 54,426,003 54,426,003 64,645,914
Expenditure
Direct Program Activities 43,434,633 43,434,633 56,664,965
Program Staff Cost - - -
Travel Expenses - - -
Direct Program Expenses 43,434,633 43,434,633 56,664,965
Fund Raising Expenses - - -
General Staff Cost - - -
Overhead Expenses 3,628,685 3,628,685 4,219,317
Depreciation 296,562 296,562 300,991
Other Expenses/Transfers 50,000 50,000 -
Total Expenditure (B) 47,409,880 47,409,880 61,185,273
 
Surplus / Deficit (A-B) 7,016,123 7,016,123 3,460,641
Balance Sheet
FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Assets
Fixed Assets 1,308,610 1,308,610 1,336,519
Current Assets 1,080,096 1,080,096 56,429,985
Cash And Bank 747,091 747,091 14,723,482
Total Current Assets 3,135,797 3,135,797 72,489,986
Investments 65,733,284 65,733,284 -
Accumulated Deficits - - -
Total Assets 68,869,081 68,869,081 72,489,986
Liabilities
Trust Corpus 19,900,000 19,900,000 40,000,000
General Funds 30,871,960 30,871,960 22,232,601
Earmarked Funds 18,036,025 18,036,025 10,139,325
Unutilized Grants - - -
Total 68,807,985 68,807,985 72,371,926
Loans - - -
Loans (From Members) - - -
Current Liabilities 61,096 61,096 118,060
Other Liabilities - - -
Total Liabilities 68,869,081 68,869,081 72,489,986
Financial Notes
1) Other Income includes IT refunds and miscellaneous receipts.
2) The NGO has not provided a detailed breakdown of the program expenses.
3) Other Expenses include provisions and loss on sale of assets.

Additional Information

FY 2024 (₹) FY 2024 (₹) FY 2025 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) - - 1,775
Indirect Beneficiaries (nos.) - - 2,204
Average Cost per Direct Beneficiary (₹) - - 31,924
Staff Details
No. of Staff - - 20
Number of Consultants - - 17
Number Of Volunteers - - 300
Total - - 337
Highest Paid Full-Time Staff (₹ p.a.) - - 1,281,000
Lowest Paid Full-Time Staff (₹ p.a.) - - 120,000

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Muktangan Education Trust Education School Ops Maharashtra 100 217,794,398 207,213,458 2022
Abhivyakti Media for Development (AMD) Education Learning Aids Maharashtra 98 10,433,333 10,159,128 2021
Akanksha Public Charitable Trust (Imlee Mahuaa) Education School Ops Tamil Nadu 98 1,892,695 1,894,560 2021
Ganga Shikshan Prasarak Mandal Education School Maharashtra 98 21,501,465 19,892,584 2015
Deep Foundation Education Hostel Maharashtra 98 514,548 536,550 2014
Vidya Poshak Education Scholarships Karnataka 93 64,645,914 61,185,273 2025