Tax Credits

Your Arizona Charitable Tax Credit Dollars can make a difference in the lives of homeless women and children!

Did you know that by donating to Prescott Area Shelter Services you are eligible for the Arizona Charitable Tax Credit? The Charitable Tax Credit is a charitable contribution you can give to qualifying Arizona charitable organizations. Prescott Area Shelter Services is an approved recipient.

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. Effective in 2016, credit eligible contributions made on or before the 15th day of the fourth month following the close of the taxable year may be applied to either the current or the preceding taxable year and are considered to have been made on the last day of that taxable year.

Effective in 2018, the Arizona Department of Revenue has assigned a five (5) digit code number to identify each Qualifying Charitable Organization and Qualifying Foster Care Charitable Organization for Arizona tax credit purposes on Form 321 and Form 352, which is included with the Arizona income tax return. Taxpayers must use the “QCO code” or “QFCO code” of certified organizations to claim the tax credits for contributions QCOs or QFCOs. The department’s lists of qualifying charities include the code assigned to each organization. The Qualifying Charitable Organization (QCO) Code for PASS is 20392.  Click to download more information HERE.

The maximum QCO credit donation amount for 2024:   $470 single, married filing separate or head of household; $938 married filing joint.