Almost Home has Maternity Home Tax Credits available for Missouri donors.
A generous tax credit is available to businesses or individuals who make monetary donations to eligible Missouri nonprofit organizations.
Why Tax Credits?
State government officials believe well-run nonprofit organizations often provide better services than the government can. As such, both federal & state governments reward individuals and organizations for financially supporting nonprofits; they does so through tax credits.
Almost Home has been approved by the state of Missouri to offer the Maternity Home Tax Credit to our donors who give between $100 - $50,000.
When you make a gift to Almost Home and notify us that you want to use tax credits, we will send you a simple form to fill out. You complete the form, mail it back to Almost Home, we send it to the State of Missouri, who then sends your credit to you!
Remember—a tax credit is different from a deduction—a credit has the same value as cash. If a donor has had state taxes deducted from their paycheck, they will receive a refund when they file their return.
Best of all, 100% of your donation is available to Almost Home to inspire our clients to create better lives for their children.
Here’s How It Works!
Below is a table containing taxable income levels and the associated federal tax bracket for tax year 2015. You can find your bracket using this table:
If you have questions, please call Erin McCrary, 314.771.4663, ext. 403.
| Sample Gift Amount | $1,000 | Eligibility begins at $100 |
| Federal charitable deduction | (280) | 28% of gift - varies by tax bracket |
| MO State deduction | (60) | 6% state tax rate |
| State Maternity Home Tax Credit | 500 | 50% credit |
| Total Out of Pocket Costs | $160 |
Read more about Maternity Home Tax Credits or download the Application Form here