Who is Children’s
Our QCO status allows us to receive dollar-for-dollar tax credit donations to be used for scholarships to support low-income families with various childcare services (preschool tuition, before/after school care, extracurricular activities, summer camps, etc.). In addition to the low-income scholarships, a portion of the donations received are available to our partners in the form of grant funding. These funds may be used at the discretion of our partners for items such as supplies, equipment purchases, facility repairs, and so much more!
Tax Credit VS
A tax credit reduces an individual’s tax liability (or the total amount of tax debt owed to the government) on a dollar-for-dollar basis, up to the maximum allowable amount.
A tax deduction reduces an individual’s taxable income. For every dollar an individual claims as a tax deduction, the taxable income is reduced by a dollar. Based on the calculation from the income bracket, the individual pays a tax on the amount left over after deductions are subtracted.
There are 5 types of organizations you can donate to AND you can donate to ALL 5 depending on your state tax liability.
Other Fun Facts!
Here are some other fun facts about QCO’s and tax credit donations:
I’m ready to
No State Tax Liability
But Want To Help?
Not everyone has a state tax liability, so making the donation is not an option.
BUT, there are other ways to support this amazing cause.
You can send them this link
If so, please share this link
Click here to receive information on what it means to volunteer
I Want To Partner
I want to support children and would love to partner with Children’s Care Arizona. Please have someone contact me with more information!
Children’s Care Arizona is a NONPROFIT organization (EIN #82-3601596)
approved by the State of Arizona to operate as a Qualified Charitable Organization.