Where Your Dollars Went

2025

In 2025, 92.4 percent of TWC2’s spending went towards charitable activities, benefiting our clients in a direct or relatively direct way. This high percentage is typical of most years. We remain proud of our frugality regarding overheads.

“Charitable activites”, Fundraising costs” and “Governance” are two of the three classifications of expenditure.

The numbers behind the table and pie chart come from the externally audited accounts for 2025. Our financial year coincides with the calendar year.

TWC2’s accounts are audited in accordance with the Charity Accounting Standard (CAS), which Singapore’s Commissioner of Charities recommends non-profit organisations abide by.

TWC2 runs a considerable variety of charitable activities in order to realise our mission of

• assisting workers in need of urgent support (e.g. meals, shelter and transport subsidies),
• helping them access available avenues of redress, and
• advocating for better policies concerning labour migration.

The split by type of charitable activity can be seen from the table and pie chart below.

EXPLAINING THE CATEGORIES

Singapore’s Charity Accounting System (CAS) makes an important conceptual distinction among three broad types of expenditure. They are:

Fundraising cost

These are expenses incurred by activities whose purpose is to raise funds. TWC2 generally avoids organising splashy fund-raising events, relying instead on appealing to donors either through personal contact or through social media.

In 2025, we spent about $18,000 (1.6% of total expenditure) mostly on a fundraising activity in December 2025.

Cost of charitable activities

This category forms the bulk of our 2025 spending. As shown in the table and pie chart above, this category can be further split by programme or purpose. Charitable activities does not mean merely the cost of the benefits (“goodies”) being given out. It must necessarily include the cost of the people doing the giving (and associated administation costs), without which there’ll be no system for eligibility decisions or safeguarding against abuse.

The What we do section of this website has more information about each of the various activities or programmes. They are:

The term Charitable activities also includes the cost of communications, outreach, research and advocacy. For effective delivery of assistance to migrant workers it is important to understand what the needs and issues are (research), to inform workers what their rights are and where they can get help (outreach), and to urge systemic reform so that the shortcomings we see today are corrected for tomorrow (communications and advocacy). All these things form the totality of the charitable mission of TWC2.

In 2025, we spent about $1,072,000 on charitable activities, or 92.4% of total expenditure.

Governance costs

These are expenses that would have to be incurred by the organisation even if we did little by way of charitable activities. They include

• accounting costs;
• audit fees;
• bank charges;
• a share of rent and office supplies;
• a share of telecommunication costs;
• the cost of holding an Annual General Meeting;
• and whatever is needed to comply with law.

In 2024, we spent $70,000, or 6.1% of total expenditure, on these functions.