Your donations make our work possible. The stories shared on this site, and thousands of other lives are changed for the better by your generosity.
Neighborworks Southern Mass
422 Washington Street
Quincy, MA 02169
Thank you in advance for your generosity!
Massachusetts Community Investment Tax Credit Program
We are very happy to share that through the State Community Investment Tax Credit Program, we are able to offer a 50% State tax credit for eligible donations of $1,000 or more. For more information about the program please visit any of the following links or you are also welcome to contact Juli Ford Alhadeff, Resource Development Director.
Here is an example of how this tax credit works:
Minimum Investment: $1000
CITC State Tax Credit $500
Federal Tax Deduction (35%) $175
Total Tax Savings $675
Final out-of-pocket donation $325
Benefits to you:
- Considerable Tax Credit
- Both individuals and corporations can take advantage of the tax credit
- Excess tax credit is refundable (ie: if you do not owe state taxes, you will receive your credit in the form of a refund)