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Tax Credit Benefits

Colorado Childcare Tax Credit Benefit

When you make a donation to The Colorado Springs School, the State of Colorado allows you to take a 50% tax credit on your state income taxes through the Colorado Childcare Contribution Credit. This is in addition to regular state and federal deductions for charitable giving. You may be eligible for the tax benefit whether you itemize or take the standard deduction.

Childcare Tax Credit

Eligibility Rules

  • Donations cannot exceed $100,000 per taxpayer per year
  • Donations cannot exceed the tax liability per year
  • The credit has been renewed through 2023; availability subject to legislative action
  • Stock transfers and in-kind donations are not eligible

Consult Your Tax Accountant
Please consult your accountant or tax attorney to solidify your gift and confirm the effects of this credit on your individual finances. More information can be found on the Department of Revenue website under Income 35 Child Care Tax Credit. Upon making a qualified gift, the Development Office will issue DR 1317 paperwork to file with your taxes.

Please contact the Fundraising Office at or by phone at (719) 434-3501 to guide any giving conversations or next steps. The Colorado Springs School is a 501c3 non-profit. Tax ID#: 84-0517369.