This is the first ever homeless-specific tax credit program! The Colorado Homeless Contribution Tax Credit provides a 25% state income tax credit to Colorado taxpayers who contribute to eligible homelessness-related projects within Colorado. The Alternatives to Violence SafeHouse residential program is an approved project. Gifts made to Alternatives to Violence of $100+ are eligible for the new Homeless Contribution Tax Credit. Additionally, any in-kind donation of $5,000 or more is eligible. (In-kind donations must be evaluated by a third party.)
IMPORTANT: To receive the credit, we must collect specific ID information securely.
- For Individuals: Donors are required to provide the last four digits of their Social Security Number. If you would prefer not to share the last four digits, that gift would be ineligible to be certified for a tax credit. (A Colorado tax ID is not eligible.)
- For businesses: A full Federal Employer Identification Number (FEIN) is required. This information is entered by the receiving nonprofit during gift processing and the certificate is issued by the Colorado Department of Local Affairs (DOLA) via encrypted email or by mail.
How to Give for Colorado’s Homeless Contribution Tax Credit
- By check: To make a donation for Colorado’s Homeless Contribution Tax Credit, please include “HCTC” in the memo line of your check (made payable to Alternatives to Violence).
- By debit or credit card: Please add a note, Homeless Contribution Tax Credit or HCTC.
Contributions through donor-advised funds are not eligible for HCTC.
Be sure to use your legal name utilized in your tax filings. Please do not include your Social Security Number or EIN in an online donation form, memo line, within an email, or within a voicemail message. Instead, please call Chris at 970-669-5150 extension 102 to provide your information securely by phone. To learn more about Colorado’s Homeless Contribution Tax Credit, please visit the state’s website here: https://cdola.colorado.gov/hctc.
Always consult with your accountant and/or tax advisor for advice concerning your particular circumstances.