Gospel For Asia’s FCRA returns for 2014-15

 

 

 

In the previous Post, we saw how Gospel For Asia Inc (GFAI) has started remitting funds to new FCRA-NGOs in Tamil Nadu and Karnataka.

 

In this Post, we shall examine the remittances to the four FCRA-NGOs originally associated with GFAI, all located in Tiruvalla, Pathanamthitta District, Kerala. To remind our readers, these are: Gospel For Asia, Believers Church India, Last Hour Ministry and Love India Ministries. Further details of remittances to them in the past years can be found here and are summarized in the Table below:

gfa4

The FC4 return for the financial year 2014-15 for these four entities are now available online at fcraonline.nic.in

 

FCRA-NGO

Total Amount received in 2014-15 (Rs. Crore) [including amount brought forward]

Amount brought forward from past (Rs. Crore)

Gospel For Asia

426

330

Believers Church India

392

252

Last Hour Ministry

191

160

Love India Ministries

182

151

Thus, these four FCRA-NGOs together received a whopping sum of Rs. 1191 Crore in 2014-15, including a humongous amount of Rs. 893 Crore from the past years’ which was unspent.  Note that the amounts mentioned in Table 1 above for the years until 2013-14,  include interest (typically ~10% in Bank long term deposits) amounts on unspent cash. With changes having come in the way the FCRA returns need to be filed since 2014-15,  the total amounts reflect not only the interest, but also the Principal.

In summary: These four entities had around Rs. 893 Crore cash lying unspent from the past and received around Rs. 298 Crore in financial year 2014-15.

As Hindus living under the onslaught of International Evangelistic forces, we are glad  that the money was unspent.

There is more detail that one can dig from these FC4 returns, but we shall carry out that exercise at some future point in time.

It is also pertinent to note that FCRA-NGOs in Kerala together received around Rs. 2463 Crore (including cash lying unspent, i.e., principal and interest) in 2014-15 as opposed to Rs. 965 Crore (includes only interest amount) in 2013-14.

The enormous amounts of money flowing into India via FCRA for such activities which seriously impinges on our Nation’s religious demography  bothers us.

Update on March 19, 2016:

The Third Quarter FCRA returns in 2015-16 for these four entities are available on the FCRA website now. While Gospel For Asia and Last Hour Ministry reported Nil inflow in this quarter, Love India Ministries reported receipt of Rs. 2.68 Crore from GFAI-Texas towards “Social Purposes”.

Believers Church India reported the receipt of Rs. 47.9 Crore from various global entities in this Quarter. These entities include Teaching Skills LLC-Texas and GFAI-Texas, and curiously a “Little Hills”, Stoney Creek, Ontario, Canada. Whether this last entity is related to GFA-Canada is unknown. It is interesting to note that GFA-Canada too appears to be located in Stoney Creek, Ontario, Canada as per Google search for “Gospel for Asia Ontario”.

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Gospel For Asia’s FCRA returns for 2014-15

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