Support Colorado Youth & Maximize Your Tax Savings!

Your donation can directly support early childhood education while earning you a 50% tax credit.

What is CCCTC?

  • A tax credit that allows donors who file a Colorado state tax return to support child care programs while benefiting from a 50% state tax credit.

  • Available to donors contributing $1,000 or more toward early childhood education at TEENS, Inc.

How Does It Benefit You?

  • Half of your qualifying monetary donation is offset dollar-for-dollar against your Colorado income taxes. Please note that stock or other securities and in-kind gifts, such as labor or equipment, are not eligible but may qualify for other tax benefits.

  • In addition you can deduct your full qualifying contribution on your federal and state income taxes if you itemize deductions.

Example Savings Chart:

About the Colorado Child Care Contribution Credit (CCCTC)

“We have taken advantage of the Colorado Childcare Tax Credit. It’s been really easy because TEENS, Inc. does all the work. In January, they send you the forms, you submit it. That’s all that needs to be done.”

Leonard, TEENS, Inc. Donor

HOW TO DONATE

Donation Options:

  • Mail a check: TEENS, Inc., PO Box 1070, Nederland, CO 80466.

Online Donations:

Important Details:

  • Minimum donation to qualify: $1,000 (cumulative throughout the tax year).

  • Only monetary donations (including eligible IRA distributions) qualify.

Gifts of stocks and appreciated assets do not qualify.

Claiming Your Credit:

  • TEENS, Inc. provides a Form DR 1317 and donation receipt for tax filing.

Consult a tax advisor to determine how the tax credit affects your deductions.

Is there a maximum credit amount?

  • The credit is capped at $100,000 per donor per tax year.

Can I carry over unused tax credits?

  • Yes, for up to five additional years.

Will this affect my charitable deduction?

  • IRS regulations may apply. Consult a tax professional.

Who should consider donating?

  • Anyone paying $500+ in Colorado state taxes annually.

How is this different from the Child Care Tax Credit that caregivers get?

  • The Child Care Contribution Tax Credit is based on a contribution (donation) amount and is available to all Colorado taxpayers. 

Where can I find additional information?

Frequently Asked Questions (FAQ):

CONTACT INFO

Kristin Aslan,

Development Director

Make a Difference Today!