Tax Credits Available!
Guardian Angel was awarded Youth Opportunity Program (YOP) and Neighborhood Assistance Program (NAP) tax credits to support our mission. Administered by the state of Missouri, these tax credits help to attract eligible donors who want to redirect their tax dollars to an approved nonprofit.
What are the benefits of tax credits?
Guardian Angel will receive the full benefit of your donation, while your tax liability may be significantly reduced. The YOP and NAP credit amount is equal to 50% of your donation. Credits allow you to save on both your federal and state taxes.
YOP and NAP Tax Credits are available for donations over $500 to Guardian Angel. These credits are available to any individual or business with a Missouri tax liability. The tax credit is eligible for the year of the donation plus 5 succeeding years.
NOTE: Guardian Angel has a limited allocation of MO state tax credits available each year. Tax credits are awarded to donors on a first-come, first-served basis and are subject to availability at the time a qualifying gift is made. We encourage those interested to contact our team in advance to confirm current availability.
Potential Savings with Tax Credits
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- -$250 MO Tax Credits
- -$14 MO Tax Savings
- -$55 Federal Tax Savings
- $319 Total Tax Savings
$182 Net Cost to Donor
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- -$600 MO Tax Credits
- -$27 MO Tax Savings
- -$110 Federal Tax Savings
- $637 Total Tax Savings
$363 Net Cost to Donor
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- -$2,500 MO Tax Credits
- -$135 MO Tax Savings
- -$550 Federal Tax Savings
- $3,185 Total Tax Savings
$1,815 Net Cost to Donor
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- -$5,000 MO Tax Credits
- -$270 MO Tax Savings
- -$1,100 Federal Tax Savings
- $6,370 Total Tax Savings
$3,630 Net Cost to Donor
Note: This table is meant to illustrate potential savings. Assumes donor itemizes deductions and is in the 22% marginal Federal income tax bracket and 5.4% Missouri income tax bracket. Contribution deduction reduced by amount of Missouri credit. Consult your tax advisor to determine your exact savings.
Interested in learning more or donating?
Contact Kirsten Brauch at brauchk@gasastl.org or 314-773-9027 x 254.
