Your giving to Providence Network may qualify you for Colorado’s Homeless Contribution Tax Credit (HCTC)

You can claim 25% of your donation as a state income tax credit if:

Colorado State Flag Homeless Contribution Tax Credit Page HCTC

– You are a Colorado taxpayer

– You give at a level greater than or equal to $250 per year in monetary contributions and/or

– You give at a level greater than or equal to $5,000 per year in in-kind contributions

Disclaimer: Nothing on this website or in these videos constitutes financial advice. Please discuss your tax situation with a tax professional.

What is the Homeless Contribution Tax Credit (HCTC)?

Created by Colorado House Bill 2022 – 1083 and administered by the Division of Housing (DOLA), the HCTC provides a tax credit to Colorado taxpayers who contribute to eligible, homelessness-related projects within Colorado—that includes Providence Network.

By contributing to our organization, you can claim 25% of your donation (monetary or value of in-kind) as a state income tax credit.

Who qualifies for the HCTC?

Any Colorado taxpayer who contributes to eligible nonprofit organizations and projects at a level equal to or greater than:

  • $250/year in monetary donations
  • $5,000/year in in-kind donations
  • In-kind donations are contributions of “property, services, stocks, bonds, or other intangible property.” This excludes items like clothing and furniture. See FAQs for more information.

SB24-016 now allows HCTC donations to pass through intermediary organizations, such as Colorado Gives; and donors only have to submit the last for digits of their SSN.

How do I apply for the HCTC?

Donors may apply for the HCTC themselves via the HCTC Salesforce Portal. Here is an instructional video for this process. Please ensure that you review the following documents before beginning the application process:

Nonprofit name: Providence Network

Project name: Providence Network: Homeless Support Services

You can download your giving statements/donation receipts through our donor portal.

Providence Network may also apply on behalf of the donor. However, please note that this requires the donor to disclose the last four numbers of their Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or Employer Identification Number (EIN) to us. If you choose to have us apply on your behalf, we will collect your sensitive information via phone call only at 303-551-9319.

As a friendly reminder, never share sensitive and/or personal identifiable information—including your social security number and/or tax identification number—over email or text message!

When will I receive my HCTC certificate?

Providence Network has opted to distribute certificates annually. Certificates will be sent to donors from February 1st – 15th. Options for distribution are either through secured email or postal mail.

What are the deadlines for submission?

All submissions for 2023 donations should be made by January 31, 2024. Tax certificates will be distributed in early February. While HCTC submissions are accepted annually, those who submit quarterly are given priority from DOLA.

If you have any questions about the Homeless Contribution Tax Credit, or you would like Providence Network to apply for the HCTC on your behalf, please contact the Development Team via email at development@providencenetwork.org or call (303) 551-9319.

Want to make an HCTC eligible donation?