Make Your Generosity Go Further: The Colorado Child Care Contribution Tax Credit

Your generosity can make a greater impact – with a Colorado Income Tax Credit that rewards your investment in educational opportunity.

When you donate to Parents Challenge, you may qualify for a 50% Colorado income tax credit through the state’s Child Care Contribution Tax Credit program. This unique opportunity allows eligible donors to support Colorado families while receiving a substantial state tax benefit.

A 50% tax credit means that, if you qualify for the full credit, a $10,000 donation could generate a $5,000 Colorado income tax credit. Your generosity helps Parents Challenge empower parents, expand educational options, and give more children access to learning environments where they can thrive.

For donors making larger gifts, the credit may apply to donations of up to $200,000, subject to applicable program requirements and individual tax liability. Combined with any other deductions or tax benefits for which you qualify, this credit may help you maximize the impact of your charitable giving.

Support Parents Challenge and help more Colorado families access educational opportunities for their children.

IMPORTANT INFORMATION

•   Tax liability: The credit cannot exceed your net Colorado income tax liability.
•   Eligible contributions: Donations must be monetary.
•   Carryforward: Unused credits may be carried forward for up to five years, subject to applicable rules.
•   Individual circumstances: Eligibility and the actual tax benefit depend on your circumstances and current program requirements.

  Consult your personal tax advisor to determine how this credit may apply to your charitable giving.

Your generosity can do more. Invest in Parents Challenge and help expand educational opportunity for Colorado families.