The EITC program enables a business to make a contribution to a Pre-K Scholarship Organization, like Arsenal Family & Children’s Center, a Scholarship Organization or Educational Improvement Organizations and receive a Pennsylvania Tax Credit in return. Pre-K EITC provides companies with a 100% tax credit for the first $10,000 of a donation and 90% thereafter. Your business’s donation provides Arsenal with the capability of offering scholarships to families who would not otherwise be able to afford to send their child to preschool.

 

Is Your Company Eligible?

A company is eligible to participate in EITC if the company pays one of these six taxes:

  1. Corporate Net Income Tax
  2. Capital Stock & Franchise Tax
  3. Bank and Trust Company Shares Tax
  4. Title Insurance Companies Share Tax
  5. Insurance Premiums Tax
  6. Mutual Thrift Institutions Tax

How Does a Company Apply?

To obtain EITC guidelines and application materials click here or call the Department of Community and Economic Development (DCED) at 717-787-7120