Give without giving
Pennsylvania allows individuals and businesses that owe a minimum amount of state taxes to DONATE to HPCA, then use up to 90% of their donation as a CREDIT (not deduction) toward their state tax liability each year. It allows you or your business to keep your state taxes local, while allowing us to use your gift as scholarships for our students.
EITC for Businesses
PA is one of the few states that allows businesses to use up to 90% of their tax liability as a gift to HPCA while only paying 10% to the state. Not only that, but your gift can then be used as a deduction on your business' tax return, created the potential to turn your gift into "profit" for your company! Please contact us for more information.
EITC for Individuals
PA is one of the few states that allows individuals to use up to 90% of their tax liability as a gift to HPCA (individuals are required to have a minimum amount of tax liability). As an example: you owe $2000 in PA taxes and you contact us for a one-page form. You then donate $2000 to HPCA. During tax season, you receive a K-1 showing that you now owe $200 in PA taxes because 90% of your contribute to HPCA was applied to your tax liability. Contact us for more information.