Tax Credit Information

Tax benefits are: 25% of your donation (monetary or value of in-kind) as a state income tax credit for gifts over $250 in cash or above $5,000 in in-kind donations (stocks, bonds and other). Individual taxpayers may receive up to $100,000 in credit per year.

*Neither Bridge House nor Ready to Work offers tax advice. Please speak with your tax advisor for details on how this tax credit applies to your individual situation.

• In-kind gifts valued at $4,999 or less
• Monetary donations totaling less than $249
• Gifts through intermediary organizations
• Gifts through a pass-through organization that liquidates stock on another’s behalf
• Credit card fees associated with a monetary donation
• Donations from a Donor Advised Fund (DAF)

1) Make your donation of more than $250 to Bridge House or Ready to Work through our website donate page or by check.

2) Register your contribution through the state’s Donor Salesforce Platform. Click on this hyperlink for a helpful video that demonstrates how to use the platform. Be sure to follow the guidelines in the HCTC Formatting and Style Guide, when entering your information.

Note: Your full social security number will be required when you register your donation. The Data Privacy section of Colorado State’s HCTC Taxpayer Handbook, explains this requirement and how your personal information is secured.

3) Bridge House will certify your donations to the state periodically to ensure timely delivery of tax credit notifications.

4) Once your contribution is certified by us, Bridge House will send you an email on a quarterly basis which contains your certificate. You will use this certificate to claim your credit when you file your taxes. Note: You must file your taxes electronically in order to receive the tax credit.