Did you know that you can reallocate your Pennsylvania tax dollars to Ken’s Krew?

The Education Improvement Tax Credit Program (EITC) program enables businesses to redirect their Pennsylvania tax dollars from the State's general operating fund to a cause important to you, Ken's Krew. These state tax credits are available for businesses that pay PA state taxes and are enrolled in the EITC Program.

Example: If you owe $10,000 in tax, you could reallocate all $10,000 to Ken's Krew and be left with a $1,000 tax liability.

Click here to view 2024 EITC Educational
Improvement Approved Companies

FAQs

WHAT IS THE EITC?
In 2001, the PA General Assembly established the EITC program to promote expanded education opportunities for students in the Commonwealth. Each year, the Pennsylvania Department of Community and Economic Development (DCED) sets aside millions of dollars in tax credits through the EITC program allowing eligible Pennsylvania businesses to reduce their state tax liability by making charitable donations to approved nonprofit organizations such as Ken's Krew.

HOW MUCH OF MY TAXES CAN I REALLOCATE?
75% with a one-year commitment, or 90% with a two-year commitment, without exceeding your PA tax liability.

HOW DOES IT WORK?
Step 1: Apply for your business to participate here.
Step 2: Make a donation to Ken's Krew
Step 3: Complete the paperwork to receive a tax credit or refund between 75% and 90% of your donation.

I WANT TO SIGN UP! WHAT DO I DO NEXT?
Yay! Click here to learn how to apply to reallocate your taxes. New businesses must apply by July 3 and applications only take ten minutes!

WHAT BUSINESSES CAN APPLY?
Businesses in Pennsylvania that pay any of the following taxes are eligible to apply for EITC credits:

  • Personal Income Tax
  • Capital Stock/Foreign Franchise Tax
  • Corporate Net Income Tax
  • Bank Shares Tax
  • Title Insurance & Trust Company Shares Tax
  • Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
  • Mutual Thrift Tax
  • Malt Beverage Tax
  • Retaliatory Fees under section 212 of the Insurance Company Law of 1921

KEN'S KREW ISN'T A SCHOOL OR SCHOLARSHIP ORGANIZATION, HOW CAN YOU PARTICIPATE?
Ken's Krew is approved as an Innovative Educational Program under the policy!