Tax Credits - Nonprofit Partners

*  Enterprise Zone Tax Credit Available for Donors
Taxpayers making cash contributions to organizations identified with the words "Enterprise Zone Tax Credit" qualify for a 25% tax credit up to $100,000 per year or a 12.5% credit for in-kind contributions up to $50,000 per year. The purpose of the Enterprise Zone contribution tax credit is to encourage taxpayers to assist local Enterprise Zone administrators working with governmental and nonprofit partners to undertake activities implementing the economic development plan for the Enterprise Zone. To be eligible, a proposed project must be approved by the local enterprise zone administrator and by the Colorado Economic Development Commission.

See Enterprise Zone Details (pdf)

**  Child Care Contribution Credit Available for Donors

Taxpayers making cash contributions to organizations identified with the words "Child Care Contribution Credit" qualify for a 50% tax credit up to $100,000 per year (in-kind contributions do not qualify for this credit). The purpose of the Child Care Contribution tax credit is to promote child care in Colorado. To be eligible, a proposed organization must be licensed by the Colorado Department of Human Services or, if not licensed, registered with the Colorado Department of Revenue.

See Child Care Contribution Credit Details (pdf)