Tax Credit
You can earn a tax credit for your gift to The Gathering Place. Below are the two tax credit programs that apply to donations made to The Gathering Place. For more information about these credits, contact development@tgpdenver.org.
Denver Enterprise Zone Tax Credit
The Gathering Place operates in a Denver County Enterprise Zone. Designed to encourage investment in disadvantaged areas, the Denver Enterprise Zone Tax Credit is an excellent way to support The Gathering Place while also claiming tax benefits. Denver County residents can better their community while also saving money.
Contributions made to TGP, at one time or throughout the course of the calendar year, which are greater than or equal to $250, are eligible to receive a state tax credit of 25%. For example, if you are considering donating $200 to TGP, you could actually increase your amount to $250 and receive $62.50 in credit when you file your taxes. That’s $12.50 that TGP receives and you save!
In addition, stock and substantiated in-kind contributions qualify for a 12.5% credit.
In order to receive your tax credit, please provide either your Colorado Tax ID (Colorado Account Number, CAN) or the last four digits of your social security number at the time of your donation.
Please note the EZ credit officially ended December 31, 2022.
If you donated $250+ in 2022 and you would like to receive the EZ Credit, you must request it before April 17. We will lose access to the portal through which we submit the credits for approval at the end of April, and we want to ensure that we get requests submitted in time. For requests, please email us at development@tgpdenver.org.
Child Care Contribution Credit
Gifts of $1,000 or more, made in a single installment and designated to our Family Area, are eligible for the Colorado Child Care Contribution Credit. This allows up to 50% of your contribution to be used as a state tax credit. Stock and in-kind contributions are not eligible.
How do I receive a credit?
According to state regulations, the credit must be requested at the time of the donation. If making a donation by check, please specify the credit name in the memo section and include your CAN or the last four digits of your social security number, if applicable. If using a credit card, please attach a note. If calling in your donation, please tell The Gathering Place representative.
Questions about paper filing? Please call (303) 238-7378.
Please consult your tax advisor regarding your specific tax situation.
For more information about these credits, contact development@tgpdenver.org.
