The Northwest Children's Home is a private, non-profit youth rehabilitation facility and an educational entity. This means that tax payers who donate to our organization may qualify for tax deductions as well as tax credits in the State of Idaho.
Qualified Individual Contributions
Individuals contributing to Youth Rehabilitation Facilities (our Residential Services) can qualify for a 50% Idaho tax CREDIT limited to $100 individually and $200 when filing jointly. This rule also applies separately to Educational Institutions (our Education Centers). Here is an example of your out-of-pocket cost if you are in the 25% federal tax bracket and the 7.8% Idaho tax bracket and you deduct your donations as an itemized deduction.
Donation: Individual $500 Joint $500
Federal taxes saved: ($125) ($125)
Idaho taxes saved: ($ 39) ($ 39)
Idaho tax credit ($100) ($200)
Out-of-pocket cost $236 $136
Please consult your tax adviser as your particular circumstance may differ.
Qualified Corporation Contributions
Corporations contributing to Youth Rehabilitation Facilities (our Residential Services) can qualify for a 50% Idaho tax CREDIT limited to $500. This rule also applies separately to Educational Institutions (our Education Centers) and the tax credit is limited to $1000. Here is an example of your out-of-pocket cost if your corporation is in the 33% Federal and state tax bracket:
Donation $1500
Federal & state taxes saved ($500)
Idaho tax credit ($500)
Out-of-pocket cost $500
Please consult your tax adviser as your particular circumstance may differ.