The Mississippi Legislature has established several tax credits for voluntary cash contributions to certain qualified organizations. Depending on the type of charitable credit, there are limitations on the total amount that can be allocated, the types of taxes the credit can be used to offset, and the amount of credit that can be utilized against each tax type. Detailed information is provided below for each charitable credit type.
- Credits Available for Individual Taxpayers
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Qualifying Charitable Organizations (QCO)
Qualifying Foster Care Charitable Organizations (QFCCO)
- Listings of Allocated Funds
- 2023 Allocated Funds
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Eligible Charitable Organizations (ECO)
Educational Services Charitable Organizations (ESCO)
Pregnancy Resource Charitable Organizations (PRCO)
Qualified Charitable Organizations (QCO)
Qualified Foster Care Charitable Organizations (QFCCO)
Eligible Transitional Home Organizations (ETHO) - Business
Eligible Transitional Home Organizations (ETHO) - Individual
- 2022 Allocated Funds
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Eligible Charitable Organizations (ECO)
Educational Services Charitable Organizations (ESCO)
Pregnancy Resource Charitable Organizations (PRCO)
- 2021 Allocated Funds
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Eligible Charitable Organizations (ECO)
Educational Services Charitable Organizations (ESCO)
- 2020 Allocated Funds
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Eligible Charitable Organizations (ECO)
Educational Services Charitable Organizations (ESCO)
Qualified Charitable Organizations (QCO) and Qualified Foster Care Charitable Orgnizations (QFCCO)
- 2019 Allocated Funds
- Charitable Credit Notices
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10/31/23 - Charitable Contributions Credit Notice
9/27/23 - Children's Promise Act and Pregnancy Resource Act - 2023 (updated)
10/12/22 - Children's Promise Act and Pregnancy Resource Act - 2023
10/26/21 - Children's Promise Act - 2022
12/4/20 - Children’s Promise Act Notice – 2021
9/1/20 - Children's Promise Act - Aggregate Limit Reached for 2020 Calendar Year
7/24/20 - Children's Promise Act - House Bill 1729