Empower Our Students
The Pennsylvania Educational Improvement Tax Credit (EITC) program allows businesses to contribute to organizations like Hoffman Homes while receiving tax credits. By participating, you can help us provide essential services to individuals and families in need.
FAQs
Find answers to your questions about the EITC program and how it benefits Hoffman Homes.
To be eligible for EITC participation, individuals must: Be a Pennsylvania resident who pays PA state income tax. Not be delinquent on any Pennsylvania state taxes. Have an affiliation with a Pennsylvania business firm as an owner, partner, shareholder, or employee. Owning shares in a publicly traded company that does business in Pennsylvania can also qualify as 'owning a PA business'.
To apply for the EITC program, complete the application form available on the Pennsylvania Department of Community and Economic Development (PA DCED) website by clicking here. Applications are processed on a first-come, first-served basis by the day they are submitted, and funding is limited, so applying on the first day is crucial.
To participate in the Pennsylvania Educational Improvement Tax Credit (PA EITC) program, businesses must adhere to specific application deadlines established by the Department of Community and Economic Development (DCED). The annual deadlines are: May 15: For businesses that are in the middle of a two-year commitment or those that have fulfilled a prior two-year commitment and wish to reapply to renew it for another two years. July 1: For all other businesses, including initial (new) applicants and those returning to the program after a break of a year or more.
EITC funding directly supports the programs and services that help individuals at Hoffman Homes thrive. These funds are used to enhance educational opportunities through Hoffman Academy, provide therapeutic and creative services, and support life skills and recreational programs. By contributing to EITC, donors help ensure that individuals receive the comprehensive care, education, and guidance they need to grow, succeed, and reach their full potential.
Provide Support through EITC
By participating in the EITC program, your business can make a significant impact on the lives of individuals and families in our community. Contact us today to learn how you can contribute and benefit from this tax credit.