Arizona provides two separate tax credits for individuals who make contributions to charitable organizations: one for donations to Qualifying Charitable Organizations (QCO) and the second for donations to Qualifying Foster Care Charitable Organizations (QFCO). Individuals making cash donations made to these charities may claim these tax credits on their Arizona Personal Income Tax returns.
This individual income tax credit is available for contributions to Qualifying Charitable Organizations that provide immediate basic needs to residents of Arizona who receive temporary assistance for needy families (TANF) benefits, are low-income residents of Arizona, or are individuals who have a chronic illness or physical disability.
In 2023, the maximum credit allowed is $841 for those who are married and filing together, and $421 for those who are single, heads of household, or married and filing separately.
In 2023, the maximum credit allowance will increase to $938 for those who are married and filing together, and $470 for those who are single, heads of household, or married and filing separately.
Please Note:Â Arizona law allows QCO donations made during 2023 or donations made from January 1, 2024 through April 15, 2024 to be claimed on the 2023 Arizona income tax return. Â The maximum credit that can be claimed on the 2023 Arizona return for donations made to QCO’s is $421 for single, married filing separate or head of household taxpayers, and $841 for married filing joint taxpayers. Â If a taxpayer makes a QCO donation from January 1, 2024 through April 15, 2024 and wants to claim the higher 2024 maximum credit amount, Â the taxpayer will need to claim the credit on the 2024 Arizona return filed in 2025.
Special Olympics Arizona partners with Executive Council Charities (ECC) to process Arizona Charitable Tax Credit donations. ECC is a qualified umbrella organization that directs your charitable tax credit donation to Special Olympics Arizona. By making your tax credit donation through the ECC site, Special Olympics Arizona qualifies for matching gifts and other grants from ECC. For more information about ECC and the Arizona Charitable Tax Credit watch the video below.
Note: Currently EC70 does not accept monthly recurring donations for tax credit purposes. If you’d like to spread your credit donation out over several months you can do that here.