50% state of colorado Tax Credit for child care quality improvement activities
Whether or not you have children, you can receive this tax credit which brings more than half of your donation back to you! Your contribution supports programs that are increasing the availability and quality of child care that allows parents to work and move their families toward financial stability. A Colorado Child Care Contribution Tax Credit (CCCCC) donation by cash, check, credit card or direct bill allows you to take a 50% tax credit on your State of Colorado income taxes in addition to regular state and federal deductions.
- A donation of $100 or more is eligible for the 50% State of Colorado tax credit.
Contribution | $100 | $250 | $500 | $1,000 | $5,000 |
50% CCCCC Tax Credit | ($50) | ($125) | ($250) | ($500) | ($2,500) |
Federal and CO Tax Savings | ($33) | ($83) | ($165) | ($330) | ($1,650) |
After-Tax Cost * | $17 | $43 | $85 | $170 | $850 |
25% state of colorado Tax Credit for housing navigation center activities
Help Weld County households get back into housing more quickly with a Homeless Contribution Tax Credit donation. The Homeless Contribution Tax Credit (HCTC) is available to organizations and efforts that work specifically with those who are experiencing homelessness. United Way does this through the Housing Navigation Center, the goal of which is to help people get back into housing as quickly as possible and to keep it.
- A cash donation of $100 or more or in-kind donation of $5,000 or more is eligible for the 25% State of Colorado tax credit.
- In-kind contributions include property, services, stocks, bonds, or other intangible property. These must be evaluated by a third-party as of the date of donation.
- Amount credited to each donor cannot exceed $100,000 per year.
Contribution | $100 | $250 | $500 | $1,000 | $5,000 |
Homeless Contribution Tax Credit | ($25) | ($63) | ($125) | ($250) | ($1,250) |
Federal and CO Tax Savings | ($33) | ($83) | ($165) | ($330) | ($1,650) |
After-Tax Cost * | $42 | $105 | $210 | $420 | $2,100 |
The Homeless Contribution Income Tax Credit (HCTC) is intended to encourage
taxpayers to make contributions to approved nonprofit organizations providing certain
qualifying activities to leverage financial contributions from Colorado residents and
businesses to support appropriate housing and services to assist individuals and
families experiencing homelessness. Please refer to the below resources for more information.