QUALIFIED CHILD CARE PROVIDERS

TWO CATEGORIES OF ORGANIZATIONS ARE QUALIFIED TO RECEIVE CONTRIBUTIONS THROUGH THE CHILD CARE CONTRIBUTION TAX CREDIT (CCTC):

  • Child care programs licensed by the Colorado Department of Human Services
  • Unlicensed child care programs that have completed Form DR 1318, Unlicensed Child Care Organization Registration, with the Colorado Department of Revenue (Unlicensed child care programs must provide for the care of five or more children who are not related to the owner, operator or manager to receive and expend funds that qualify for the tax credit.)

CONTRIBUTIONS TO CHILD CARE ORGANIZATIONS WILL NOT QUALIFY FOR CCTC IF:

  • The taxpayer or a person related to the taxpayer has a financial interest in the child care facility
  • The donor receives consideration from the child care organization in exchange for the contribution
  • The contribution is made to a for-profit business and the funds are not used for the acquisition or improvement of facilities, equipment, or services, including the improvement of staff salaries, staff training, or the quality of child care
  • The donor does not receive the Child Care Contribution Tax Credit Certification (Form DR 1317) from the child care organization receiving the contribution