HelpYourNGO
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.
| Year of Establishment | : | 1991 |
| Registered Address | : | Voltas House C, TB Kadam Marg, Chinchpokli, Mumbai 400033, Maharashtra |
| Website | : | https://www.akanksha.org |
| : | admin@akanksha.org | |
| Telephone | : | +91 22 23700253 |
| Donor Contact | : | Ms. Ashima Suri / +91 22 23729880 / ashima.suri@akanksha.org |
| Registered Under | : | The Bombay Public Trust Act, 1950, The Societies Registration Act, 1860 |
| Auditor | : | B. K. Khare & Co. |
| Bankers | : | Bank of Maharashtra HDFC Bank Kotak Mahindra Bank |
| Trustees/Directors/Managing Committee: | : | Mr. Aditya Natraj , Ms. Anu Aga , Ms. Meher Pudumjee , Ms. Nandita Dugar , Mr. Neel Shahani , Mr. Shaheen Mistri , Ms. Srila Chatterjee , Mr. Saurabh Taneja , Mr. VT Bharadwaj |
The Akanksha Foundation provides high quality education to children from low-income communities through various schools which are in partnership with local municipalities with the vision of creating small clusters of model schools that can be used to impact the mainstream education system.
Major Interventions:
The School Project aims to create a nurturing educational environment that maximizes student potential through rigorous academic and socio-emotional learning. Each school employs a multidisciplinary curriculum, integrating technology, arts, sports, and digital learning techniques to make lessons engaging and relevant. This approach not only enhances academic knowledge but also prepares students for the modern world through blended learning models and access to digital resources.
Socio-Emotional and Ethical (SEE) Learning is central to Akanksha’s philosophy, supporting students’ holistic development and fostering lifelong skills for personal growth. The foundation actively involves parents and the local community as essential partners in the educational journey, strengthening family engagement through literacy classes, volunteerism, and community-driven initiatives that address critical social issues.
The Alumni Support and Engagement Program recognizes that graduation is only the beginning, it offers career guidance, counselling, and financial support to ensure alumni stay focused on their education and pursue further studies. Through continuous engagement, alumni are connected via workshops, hubs, and a dedicated support hotline, fostering a strong community of ongoing mentorship and assistance. It also creates tailored pathways for alumni, identifying individual strengths and offering opportunities in diverse fields.
Project Setu focuses on enhancing early childhood education and school readiness by integrating pre-primary and primary classrooms, ensuring children in K1-K2 receive a strong educational foundation. It emphasizes teacher development through a network of mentors who support teachers in achieving foundational literacy and numeracy (FLN) goals while promoting student well-being.
| Income & Expenditure Statement | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Income | |||
| Government Sources | - | - | - |
| Foreign Sources | 278,285,111 | 289,699,466 | - |
| Institutional Sources | 211,604,786 | 268,190,471 | 725,610,401 |
| General Donations | 26,702,943 | 49,541,189 | 27,303,928 |
| Sales/Fees | 233,722 | 1,692,874 | 6,512,362 |
| Interest/Dividend | 15,711,087 | 14,624,898 | 21,051,227 |
| Other Income | 103,205 | 82,868 | 23,219,148 |
| Total Income (A) | 532,640,854 | 623,831,766 | 803,697,066 |
| Expenditure | |||
| Direct Program Activities | 234,023,942 | 498,847,786 | 618,920,173 |
| Program Staff Cost | 174,817,770 | - | - |
| Travel Expenses | 258,069 | - | - |
| Direct Program Expenses | 408,841,712 | 498,847,786 | 618,920,173 |
| Fund Raising Expenses | 816,804 | - | - |
| General Staff Cost | 31,075,818 | 4,488,740 | 4,913,323 |
| Overhead Expenses | 21,594,120 | 78,829,193 | 91,779,998 |
| Depreciation | 32,001,018 | 24,817,182 | 24,379,594 |
| Other Expenses/Transfers | 216,745 | 6,120 | 320,179 |
| Total Expenditure (B) | 494,804,286 | 606,989,021 | 740,313,267 |
| Surplus / Deficit (A-B) | 37,836,568 | 16,842,745 | 63,383,799 |
| Balance Sheet | |||
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| Assets | |||
| Fixed Assets | 63,188,884 | 60,093,395 | 69,004,331 |
| Current Assets | 27,689,345 | 37,931,518 | 42,969,425 |
| Cash And Bank | 262,553,358 | 314,054,311 | 24,715,334 |
| Total Current Assets | 353,431,587 | 412,079,224 | 136,689,090 |
| Investments | 149,319,792 | 126,829,385 | 367,802,206 |
| Accumulated Deficits | - | - | - |
| Total Assets | 502,751,379 | 538,908,609 | 504,491,296 |
| Liabilities | |||
| Trust Corpus | 79,075,206 | 79,075,206 | 79,075,206 |
| General Funds | 289,398,572 | 306,241,317 | 369,625,116 |
| Earmarked Funds | 75,713,946 | - | - |
| Unutilized Grants | - | - | - |
| Total | 444,187,724 | 385,316,523 | 448,700,322 |
| Loans | - | - | - |
| Loans (From Members) | - | - | - |
| Current Liabilities | 58,563,655 | 153,592,086 | 55,790,974 |
| Other Liabilities | - | - | - |
| Total Liabilities | 502,751,379 | 538,908,609 | 504,491,296 |
| Financial Notes |
|
1) The amount of foreign sources have been taken from FCRA reports which is unavailable for FY24.
2) No detailed breakdown has been provided for expenditure breakup for FY22, and FY23. 3) Fundraising expenses include marketing charges. 4) Other expenses include bad debts, asset write-offs, loss on sale of assets, etc. |
| FY 2022 (₹) | FY 2023 (₹) | FY 2024 (₹) | |
| 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.) | - | - | - |
| 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 |
| The Akanksha Foundation | Education | School Ops | Maharashtra | 84 | 803,697,066 | 740,313,267 | 2024 |
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