Contact Info

228 North Cascade Ave, Colorado Springs, CO 80903

Phone: (719) 636-2345

Fax: (719) 636-1216

25% Enterprise Zone Tax Credit

///25% Enterprise Zone Tax Credit
25% Enterprise Zone Tax Credit 2017-08-25T17:04:59+00:00
a homeless man sleeping against a wall

Donations to Our Marian House Programs qualify for a 25% tax credit on your Colorado state income taxes.

What does that mean for you?

  • By donating specifically to our Marian House Programs, a large part of your donation comes back to you in various tax credits and deductions.

The Details

All donations to Catholic Charities are tax-deductible, but these particular programs qualify for added benefits to the donor on their Colorado state income taxes.

Below is an example savings table based on a  33% tax bracket:

Contribution

$250

$500

$1,000

$10,000

Enterprise Zone Credit

($63)

($125)

($250)

($2,500)

Federal Tax Savings

($58)

($116)

($232)

($2,322)

Colorado Tax Savings

($12)

($23)

($46)

($463)

Returned to you at tax time

$132

$264

$529

$5,285

After tax cost of giving

$118

$236

$471

$4,715

*This information should not be construed as tax advice. 

Please consult your tax advisor as situations may vary.

Federal tax deduction is lowered because of the add-back effect of reduced state tax.

Donations to These Marian House Programs Qualify

Donations of $250 or more to Marian House Programs qualify for the El Paso County Enterprise Zone 25% state income tax credit. In-kind and stock donations valued at $500 or more qualify for a 12.5% state income tax credit.

For questions, instructions or more information,
please call 719-866-6422.

Help those in Colorado who are homeless. Donate here and receive a state tax credit.