Funds Utilisation / How is Your Money Spent?
Donors are a pillar of strength & an important link in making the dreams of in need of care and protection children come true. An important & weighty proportion of our income is from supporters who sponsor children, fundraising activities and donations. We receive donations, grants and we benefit from a number of corporate partnerships and long-term relationships with trusts and major donors. Every donor is a part of CSA family and we believe in the highest level of transparency by showing our donors where their money is spent.
Education & Child Development
Livelihood & Aftercare
Capacity Building & Advocacy
We are accountable to the wider public for the usage of funds received. Transparency & Accountability are our core value areas that we strive to bring to the fore at CSA. Every year, our children at supported Child Care Institutions aspire to know, learn & experience new things. Every year, we set a target to fulfill their dreams & desires. And every year, our donors & supporters play a significant role in helping us scale new heights. Our Annual Report is an amalgamation of the work done through the year, our achievements & proud moments, our audited finances & acknowledgement of different stakeholders involved.
2017 – 2018
2016 – 2017
2015 – 2016
2014 – 2015
2013 – 2014
2012 – 2013
80G / 12A / FCRA & others
12A registration is one time exemption obtained by most Trusts, right after incorporation to be exempted from paying income tax. Trusts and NGOs having 12A registration enjoy exemption from paying income tax on the surplus income of the Trust or NGO.
Under the Income Tax Act, certain contributions or donations are eligible for a tax deduction under Section 80G. NGOs or other non-profits must apply for registration and are intensely scrutinized by the IT Department before being granted such a certification. This is because such institutions tend to attract a larger number of donations from corporates and individuals looking to give to charity while saving on tax.
FCRA-Registration & Bank AC
FCRA stands for Foreign Contribution Regulation Act (FCRA) of 1976. NGOs need to have either prior permission or registration under FCRA, in order to receive donations & contribution in kind or currency from foreign sources.
Registration-Society & Trust
Society & Trust both are NGO/NPO. The difference between both is Society requires minimum 7 members in general body & all members have equal rights where as in Trust it requires minimum 2 Trustees only and there is no limitation for maximum trustees /members. Also all members have equal right except settler, authorized person have different power.