Tax Credit Information

Give and Get Back: Your donation to The Matthews House may qualify for a 50% Colorado state tax credit through the Child Care Contribution Tax Credit.

Maximize Your Impact With the
Colorado Child Care Contribution Tax Credit

Your gift to The Matthews House goes even further thanks to the Colorado Child Care Contribution Tax Credit (CCCTC). This program allows both individuals and businesses to claim a 50% state income tax credit on qualifying monetary donations ($250 or more) that support child care and youth development programs across Colorado.

You don’t need to have children in child care to benefit — any eligible donation to The Matthews House can qualify.

This means your generosity not only strengthens programs for children, youth, and families in our community — it may also reduce your Colorado income tax.

Please consult your tax professional to confirm eligibility and ensure you maximize your benefit under the CCCTC.

Interested in receiving the Tax Credit? Let us know!

Donation Amount	$10,000	$50,000	$100,000
CO Contribution Tax Credit	$5,000	$25,000	$50,000
Fed tax savings at 32%	$1,600	$8,000	$16,000
CO state tax savings at 4.4%	$220	$1,100	$2,200
Out of pocket cost	$3,180	$15,900	$31,800

*this example assumes itemized deductions

*please consult your tax preparer for advice regarding your personal situation

When Giving Through Qualified Charitable Distributions (QCD’s)

Donation Amount	$10,000	$50,000	$100,000
Fed tax savings at 37%	$3,700	$18,500	$37,000
CO state tax savings at 4.4%	$440	$2,200	$4,400
CO Contribution Tax Credit	$5000	$25,000	$50,000
Out of pocket cost	$860	$4,300	$8,600

*itemizing is not required to realize full tax benefit when giving through QCD’s

*please consult your tax preparer for advice regarding your personal situation

Colorado Child Care Contribution Tax Credit Guidelines

In-kind contributions of property (non-monetary donations) do not qualify for the credit.
Donors may not receive any goods or services in return for their contribution.
The credit shall not exceed $100,000 per year.
The credit allowed shall not exceed the tax liability for the year. Any excess credits may be carried forward for up to five years.
The Matthew House will provide you with the DR 1317 Child Care Contribution Credit Certification in January of the following year.
Donors should contact their tax advisors for advice about how the credit affects their tax picture. Information provided here is not tax advice.
Individuals who donate funds out of their QCD’s (Qualified Charitable Distributions) will receive credit without federal consequences.