About A.R.S. 43-1183
Arizona Tax Code as Amended:
43-1089. Credit for voluntary contributions to school tuition organizations:
A. “For taxable years beginning from and after December 31, 1997, a credit is allowed against the taxes imposed by this title for the amount of voluntary cash contributions made by the taxpayer during the taxable year to a school tuition organization, but not to exceed $1000.00* in any taxable year.”
*The 2024 limit for married filing joint return is $2,910. The single filers limit is $1,459.
In 1998, Arizona amended its tax code to allow individuals and certain corporations to reallocate a portion of their Arizona income taxes to help children obtain a quality, private education. In other words, Arizona law provides a dollar-for-dollar tax credit for contributions made to School Tuition Organizations (STOs) for students attending private schools.
How the Arizona Private School Tax Credit Works
Upon contribution to an STO such as the Jewish Tuition Organization, the State of Arizona will provide you with a dollar-for-dollar tax credit that reduces your state income tax liability by the amount you contribute.
Learn more about Arizona’s Private School Tax Credit (ARS 43-1089) from the Arizona Department of Revenue website.
Scholarships Paid For 2023-2024 By Income Level
JTO STO Original Scholarship Program
Original scholarships paid during FY 2023/24 to students with family income up to 185% of poverty level:
- Amount of original scholarships paid = $95,815
- Amount as a percentage of total original scholarships paid = 13%
Original scholarships paid during FY 2023/24 to students with family income from 185% of poverty level to 342.25% of poverty level:
- Amount of original scholarships paid = $103,588
- Amount as percentage of total original scholarships paid = 14%
JTO STO Switcher Scholarship Program
Switcher scholarships paid during FY 2023/24 to students with family income up to 185% of poverty level:
- Amount of switcher scholarships paid = $220,098
- Amount as a percentage of total switcher scholarships paid = 23%
Switcher scholarships paid during FY 2023/24 to students with family income from 185% of poverty level to 342.25% of poverty level:
- Amount of switcher scholarships paid = $243,229
- Amount as percentage of total switcher scholarships paid = 25%
JTO STO Corporate Scholarship Program
Corporate scholarships paid during FY 2023/24 to students with family income up to 185% of poverty level:
- Amount of corporate scholarships paid = $743,206
- Amount as a percentage of total corporate scholarships paid = 52%
Corporate scholarships paid during FY 2023/24 to students with family income from 185% of poverty level to 342.25% of poverty level:
- Amount of corporate scholarships paid = $698,681
- Amount as percentage of total corporate scholarships paid = 48%
Scholarships Paid For 2022-2023 By Income Level
JTO STO Original Scholarship Program
Original scholarships paid during FY 2022/23 to students with family income of 185% and below of poverty level:
- Amount of original scholarships paid = $147,044
- Amount as a percentage of total original scholarships paid = 9.3%
Original scholarships paid during FY 2022/23 to students whose family income is 186% to 342% of poverty level:
- Amount of original scholarships paid = $139,987
- Amount as percentage of total original scholarships paid = 8.9%
JTO STO Switcher Scholarship Program
Switcher scholarships paid during FY 2022/23 to students with family income of 185% and below of poverty level:
- Amount of switcher scholarships paid = $127,432
- Amount as a percentage of total switcher scholarships paid = 9.5%
Switcher scholarships paid during FY 2022/23 to students whose family income is 186% to 342% of poverty level:
- Amount of switcher scholarships paid = $101,189
- Amount as percentage of total switcher scholarships paid = 7.5%
JTO STO Corporate Scholarship Program
Corporate scholarships paid during FY 2022/23 to students with family income of 185% and below of poverty level:
- Amount of corporate scholarships paid = $688,511
- Amount as a percentage of total corporate scholarships paid = 53%
Corporate scholarships paid during FY 2022/23 to students whose family income is 186% to 342% of poverty level:
- Amount of corporate scholarships paid = $607,291
- Amount as percentage of total corporate scholarships paid = 47%