Special Purpose Entity (SPE)

Individuals can now contribute their PA Income Tax to an approved Special Purpose Entity (SPE).

 

A State Legislature passed an addition to the EITC Act allowing qualifying individuals to contribute their PA Income Tax to an approved Special Purpose Entity (SPE) and get 90% credit if you commit to two years of contributions. 

 

Your contribution can be earmarked for West-Mont and you would then receive a full federal tax deduction on your 1040 form for the donation! The SPE recommends a salary threshold of $102,606 per year for families. If you believe that you or someone you know may qualify, check with your accountant to determine eligibility for the program and discuss details.

 

For more information, contact Christie Werkheiser, Director of Advancement at cwerkheiser@westmontchristian.org or by calling 610-326-7690.

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873 South Hanover Street • Pottstown, PA 19465 • Phone: 610-326-7690 • Email

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