Educational Improvement Tax Credit Program

The Educational Improvement Tax Credit (EITC) is administered by the Department of Community & Economic Development (DCED) under Act 48 and awards tax credits to businesses that make contributions to scholarship organizations and/or educational improvement organizations that are on a list approved and published by DCED.

WVCA is an approved educational improvement organization, therefore your tax dollars can help WVCA!

What are the benefits for businesses?

A business may receive a tax credit equal to 100% of the first $10,000 contributed to a Pre-K Scholarship Organization(s) and may receive a tax credit equal to 90% of any additional amount contributed during the taxable year, up to a maximum of $150,000 of tax credits per taxable year.

What businesses are eligible to apply?

Business that operate in the state of Pennsylvania and who are subject to:

Corporate Net Income Tax
Capital Stock Franchise Tax
Bank and Trust Company Shares Tax
Title Insurance Companies Shares Tax
Insurance Premiums Tax
Mutual Thrift Institutions Tax

To see if your business qualifies for the Educational Improvement Tax Credit program please click here or you could download an application at EITC Application for Businesses 2010

For more information on EITC and how your tax dollars help WVCA, Download WVCA’s EITC Brochure

Questions can be directed to the Development Office at 570-714-1246 or sharry@wvcakids.org