State Tax Credits Now Available!
West Virginia state tax credits are now available for a donation of $500 or more to the Gabriel Project. Individuals as well as businesses can take advantage of these tax credits.
How do these tax credits work?
Once your donation is received by the Gabriel Project, you will receive 50% of your donated amount in the form of state tax credits.
If you are donating as an individual, use your credits to reduce your West Virginia Personal Income Tax liability. If you are donating as a business, use your credits to reduce your West Virginia Corporate Net Income Tax.
Tax credits reduce total tax liability (the amount you owe the state). In other words, your donation to the Gabriel Project will allow you to make a smaller tax payment to the State of West Virginia.
But state tax credits are not all you receive for your donation. You can also claim a federal tax deduction as well. Estimates are that 75% to 85% of your donation to us will come back to you through state tax credits plus federal tax deductions.
How can the Gabriel Project offer state tax credits?
The state tax credits offered by the Gabriel Project are through the West Virginia Neighborhood Investment Program. This program was established by the WV Legislature in 1996 to increase charitable giving to nonprofit organizations in the state. The Gabriel Project has been a designated participant in the Neighborhood Investment Program for 20 years. We have been approved to offer a total of $37,000 in state tax credits for the 2024-2025 state fiscal year.
Can I apply these tax credits to the current 2024 year? Is there a time deadline on using the credits?
NIP donations made to us on or before December 31, 2024 can be applied to the current year. Tax credits may not be used to reduce your total tax liability on any one tax by more than 50 percent annually. Credits must be used within a five year period.
Make your donation work for you with tax credits from the Gabriel Project!
To receive your state tax credits, send your check or money order donation of $500 or more to:
Gabriel Project of West Virginia
PO Box 4663
Charleston, West Virginia 25364
Or make your credit card or PayPal donation to us online. Click on the blue Donate button at right
For more information on NIP state tax credits, call the Gabriel Project at 304-205-5865 or e-mail: info@gabrielwv.org.
Help us give babies in low-income families a healthy, safe start in life!
Note: Tax credits are subject to availability on a first-come, first-served basis. Donate Today!
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