PA State Education Improvement Tax Credit (EITC) Program
A Guide to Who Qualifies, How Funds Benefit Big Brothers Big Sisters, and How to Make a Gift.
Pennsylvania’s Educational Improvement Tax Credit (“EITC”) program permits donors to claim at 90% state income tax credit for specific gifts for Big Brothers Big Sisters Independence (BBBSI). BBBSI is a not-for-profit organization registered with the Pennsylvania Department of Community and Economic Development which provides educational programs, services, and initiatives that improve student achievement in Pennsylvania. It costs a dime to give a dollar when you make a gift through the EITC program.
YOUR PA TAX PAYMENT = YOUTH MENTORED
BENEFITS FOR PA INDIVIDUALS WHO ENROLL WILL:
- Receive a state tax credit of up to 90% of their contribution.
- Receive a 10% itemized charitable deduction on their federal return.
- Support mentorship opportunities for youth in need.
ELIGIBILITY REQUIREMENTS:
- Donors must have Pennsylvania-source income, from a source other than government or not-for-profit.
- Donors must be employed by, a shareholder of, a partner in or member of (i.e., own an interest in an LLC) a business that pays taxes in Pennsylvania. Donors may qualify by earning shares (not mutual funds) of a company that pays taxes in Pennsylvania.
- Donors must be current on all state and federal tax obligations and must have a minimum PA state tax liability of $5,000.
Get Started Today
EITC dollars directly support school-based programs, such as Beyond School Walls, Mentor 2.0, and College Bigs. Your generous support of these initiatives make a real life difference in the lives of children living in Pennsylvania and Southern New Jersey.
