Colorado Homeless Contribution Tax Credit
Make Your Gift
Go Further.
Certain gifts supporting eligible homelessness-related programs at Hilltop may qualify for the Colorado Homeless Contribution Tax Credit, providing eligible Colorado taxpayers with a state income tax credit while supporting people in our community.
What Is HCTC?
Support Hilltop while potentially reducing your Colorado income tax.
The Colorado Homeless Contribution Tax Credit, commonly called HCTC, is a state income tax credit available to eligible Colorado taxpayers who make qualifying contributions to approved homelessness-related projects.
When a gift to an eligible Hilltop project meets the program requirements, the donor may receive a tax credit certificate that can be used when filing a Colorado income tax return.
HCTC at a glance
- Available for qualifying gifts to approved projects
- Minimum qualifying cash contribution is $100
- Available to eligible Colorado taxpayers
- Requires a tax credit certificate
- Certain taxpayer identification information is required
- Subject to Colorado HCTC program requirements
How It Works
A qualifying gift can create two kinds of impact.
Your contribution supports eligible Hilltop services while potentially generating a Colorado state income tax credit.
Make an eligible contribution.
Make a qualifying contribution of at least $100 to an approved Hilltop homelessness-related project.
Provide the information required for HCTC.
Hilltop will need the taxpayer information required by the Colorado HCTC program in order to process the contribution for a tax credit certificate.
Receive your tax credit certificate.
For an eligible contribution, a tax credit certificate is issued to substantiate the credit.
Claim the credit on your Colorado tax return.
The certificate information is used when claiming the Homeless Contribution Tax Credit on the applicable Colorado income tax return.
Potential Colorado Tax Credit
Your contribution may qualify for a state income tax credit.
Under Colorado's HCTC program, qualifying contributions generally receive a credit equal to 25% of the eligible contribution for non-rural projects or 30% for qualifying rural projects.
The percentage applicable to a particular Hilltop project depends on that project's HCTC certification. Hilltop can confirm the applicable credit when you contact our team.
Information We Need
Some taxpayer information is required to issue the certificate.
Colorado requires identifying information so the tax credit certificate can be associated with the taxpayer making the qualifying contribution.
This information is used in connection with HCTC processing and taxpayer identification.
Taxpayer identification requirements
Individual taxpayer
Last four digits of the taxpayer's Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
Business taxpayer
Full nine-digit Federal Employer Identification Number (FEIN), when applicable.
Additional information
Hilltop may also need your name as it appears on your tax return, mailing address, and contact information in order to process and deliver the certificate.
Your Impact
More than a tax credit.
Your contribution helps create safety, stability, support, and pathways toward a more secure future for people in our community.
HCTC gives eligible Colorado taxpayers an additional incentive to support organizations and projects addressing homelessness, while helping Hilltop continue providing essential services throughout western Colorado.
Frequently Asked Questions
Colorado Homeless Contribution Tax Credit FAQs
Answers to common questions about qualifying contributions, certificates, taxpayer information, and claiming the credit.
What is the minimum contribution for HCTC?
The Colorado HCTC program generally requires a qualifying monetary contribution of at least $100.
Do all donations to Hilltop qualify?
No. The contribution must support an approved homelessness-related HCTC project and meet the applicable program requirements. Contact Hilltop before giving if you want to confirm that a particular contribution will qualify.
How much is the tax credit?
Colorado's HCTC program generally provides a credit of 25% of a qualifying contribution to a non-rural project or 30% for a qualifying rural project. The applicable percentage depends on the certification of the specific project.
Do I need to provide my full Social Security number?
Colorado's current HCTC guidance calls for the last four digits of an individual's SSN or ITIN. A business using an FEIN must provide the full nine-digit FEIN.
Why does Hilltop need taxpayer information?
Taxpayer identification information is required by Colorado for the HCTC tax credit certificate and is used to verify the taxpayer associated with the contribution.
How do I claim the credit?
An eligible donor receives an HCTC certificate containing the information needed to substantiate the credit when filing the applicable Colorado income tax return.
Is the HCTC the same as a charitable deduction?
No. A tax credit and a charitable deduction are different. How either applies to you depends on your individual tax circumstances. Please consult a qualified tax professional regarding your situation.
Can businesses qualify for HCTC?
Colorado's program allows several types of taxpayers, including eligible individuals, corporations, partnerships, S corporations, and certain other pass-through entities, subject to program requirements.
Questions About HCTC?
Contact Hilltop before making your contribution.
If receiving the Colorado Homeless Contribution Tax Credit is important to your gift, we recommend contacting Hilltop before making the contribution so we can confirm current eligibility and provide the appropriate instructions.
Our team can also assist with the information needed to process an eligible contribution for an HCTC certificate.
Hilltop HCTC Contact
Email
Phone
Important tax information
The information on this page is provided for general educational purposes and is not legal, tax, or financial advice. Eligibility, credit amounts, and tax treatment depend on applicable law, project certification, and individual circumstances. Please consult your tax advisor or other qualified professional regarding your specific situation.
Turn your generosity into greater impact.
Contact Hilltop to learn whether your contribution may qualify for the Colorado Homeless Contribution Tax Credit and how to complete the process.