What Is EITC?

The Educational Improvement Tax Credit (EITC) program allows Pennsylvania businesses to support education by providing tax credits in exchange for contributions to approved scholarship organizations, educational improvement organizations, or pre-kindergarten scholarship organizations. Donors who participate through a Special Purpose Entity (SPE) receive a 90% Pennsylvania tax credit on their contribution. These contributions provide students, particularly those from low- and middle-income families, with greater educational opportunities through scholarships and enhanced learning programs.