If you’re an Arizona taxpayer looking to make a meaningful impact, the Arizona tax creditsoffer a unique opportunity to support education without dipping into your own pocket. At Catholic Education Arizona, we’re passionate about helping Arizona residents understand how tax credits work and how they transform lives through scholarships for students.
Understanding the Basics of the Arizona Tax Credits
Tax Credits support causes you care about, like education. You can contribute to School Tuition Organizations (STOs) like Catholic Education Arizona instead of sending that money to the state’s general fund. What’s amazing about this is that it’s a dollar-for-dollar credit, meaning every penny you contribute reduces your tax liability by the same amount.
For 2024, single filers could contribute up to $1,459, while married couples filing jointly can contribute up to $2,910. Catholic Education Arizona uses these funds to provide scholarships to students who might not otherwise afford a quality Catholic education. It’s a win-win: you get to decide where your tax dollars go, and students get a chance to thrive in an environment that fosters academic excellence and personal growth.
Who Can Participate?
You don’t need to be a financial wizard to take advantage of the Arizona tax credits. Anyone who pays Arizona income tax can participate. Whether you’re a single or married filer , or a business owner, there’s a way for you to get involved.
Why Choose Catholic Education Arizona?
When deciding where to direct your Arizona tax credits, consider the impact it can have on a child’s future. Catholic Education Arizona stands out because we’ve been at this since 1998, awarding over 157,000 scholarships worth more than $638 million to students. Our mission is to help underserved families access a Catholic education that boasts a 99% graduation rate.
What sets us apart is our commitment to fairness and transparency. When you contribute, you’re not just funding a school; you’re investing in a community of future leaders who give back.
The Benefits of Supporting Catholic Education
Contributing to Catholic Education Arizona through the Arizona tax credits does more than just lower your tax bill—it creates a ripple effect of positive change. Catholic schools emphasize academic rigor, character development, and community service, producing graduates who contribute to society in meaningful ways. According to the National Center for Education Statistics, Catholic school students consistently outperform their peers in graduation rates and college readiness.
Beyond the numbers, there’s a personal payoff. Families who might struggle to afford private education get the chance to send their kids to a school that aligns with their values, thanks to your support. . It’s about building stronger communities, one student at a time.
How Businesses Can Get Involved
With annual caps set by the state—$135 million for low-income scholarships and $6 million for displaced or disabled students—businesses have a real opportunity to support quality education.
It’s a no-brainer: you’re already paying taxes, so why not direct them to a cause that matters? Catholic Education Arizona partners with businesses of all sizes, from local firms to big names like APS and Grand Canyon University, to turn tax dollars into scholarships. If you’re a business owner, reach out to us to learn how you can join this movement—your contribution could change countless lives.
Taking the Next Step with Confidence
Getting started with the Arizona tax credits might feel daunting, but it’s easier than you think, especially with Catholic Education Arizona by your side. Contributions for Tax Year 2024 can be made through April 15, 2025, giving you time to make a difference.
Once you’ve made your contribution, we’ll send you a receipt for tax filing—it’s that simple. For more detailed info, check out the Arizona Department of Revenue’s guide at azdor.gov. Whether you’re supporting our General Scholarship Fund or a specific school, your Arizona tax credit fuels a legacy of learning and leadership. So, why wait to make a difference?
