Tax Credit | Saint Leo the Great School

Tax Credit

EITC & SPE Tax Credit Programs

There are two programs that allow Pennsylvania taxpayers to receive significant tax credits when they donate to an educational non-profit organization.

Your participation in these tax credit programs provides CRUCIAL funds to St Leo the Great Catholic School.

These funds are used exclusively for needs based financial aid – assisting us in our goal of removing financial concern as a barrier to a Catholic Education.

Approximately 40% of our student body receives needs based financial aid, and this need grows each year.

Educational Improvement Tax Credit (EITC)

The EITC program allows businesses to receive 90% tax credits when they apply to the program and then make the appropriate donation to an educational non-profit.

All Catholic Schools are educational non-profits so this works out very well for us!

EITC is great, but is limited to businesses and acceptance is NOT GUARANTEED.

Special Purpose Entity (SPE)

The SPE program is a way for individuals to receive the ETIC tax credits, without owning a business. You receive the tax credit on your personal PA taxes.  SPE’s are “pass through” entities that pass down the tax credits to you!

Using the SPE program an individual can receive a 90% tax credit, just like a business. Rather than directly donating to the educational non-profit, you “invest” in the SPE and the SPE sends your investment to the non-profit of your choice.

Hypothetical Example of How SPE Works

Click the links below for more information and the current SPE Joinder Agreement

SPE Fall 2023 Joinder

SPE Commitment Form – Under $3,500

Central PA Scholarship Fund

Questions on EITC or SPE?

Just complete this simple form and a member of our development team will reach out to you!


A Very Special Thank You!

St. Leo’s gratefully acknowledges those companies that are participating in the program and designating Saint Leo’s as a recipient of this tuition assistance.

EITC Donors Include: