EITC Program
PA businesses, including all Subchapter S Corporations, LLC, Limited Partnerships, and General Partnerships are eligible to participate in the Educational Incentive Tax Credit Program, (EITC)This is a unique program that allows PA businesses to make a charitable gift to Our Lady of Mount Carmel School based on the amount of state taxes it pays, and in return, the business receives a 90% tax credit. A gift of $10,000 earns a $9,000 tax credit. Moreover, the gift can then be claimed on the business’s federal tax return. The gift of $10,000 to OLMC will cost your business practically nothing. If you would like to partner with Our Lady of Mount Carmel School to direct your state tax dollars to OLMC this will help many students receive tuition assistance. There is currently over 10 million dollars available in Harrisburg for this incentive program. The paperwork is minimal and you would be helping a great cause. Please consider. If you would like more information, e-mail us at srinderle@olmcerie.org or call at (814) 825-2822.