Home
  • Home
  • PCCC
  • Elementary Program
  • Payson Christian Academy
  • Investing in PCCS
ACSTO
>
Investing in PCCS
>
ACSTO

ACSTO

(Arizona Christian School Tuition Organization, Inc.)

 

Dollar-for-Dollar Tax Credit-Making Christian Education Affordable

 

Since it began in 1998, the Arizona Christian School Tuition Organization, Inc.  www.ACSTO.com has awarded scholarships to nearly 7,000 students attending 120 Arizona Christian schools. Nearly 20,000 visionary Arizona taxpayers have made this possible by donating to ACSTO, and taking advantage of Arizona’s unique opportunity to receive a dollar-for-dollar tax credit against their Arizona state income tax.

 

ACSTO’s sole purpose is to implement the private school tuition tax credit law passed and signed into law in 1997 as A.R.S. Section 43-1089. ACSTO is a tax-exempt, charitable organization pursuant to federal tax law, Section 501 (c)(3).

 

The constitutionality of the tax credit law has been upheld by the Arizona Supreme Court. The U.S. Supreme Court determined not to review the favorable Arizona Supreme Court decision. The law is effective for donations made during calendar year 1998 and for each year thereafter.

 

Since its inception, ACSTO has awarded more than $15 million to help children pay their Christian school tuition.

 

PCCS received over $148,000 last year from Tax Credit participants.  This represented an increase of just over 12% from the previous year.  Although we have done well promoting the tax credit program throughout our community, there is still so much more that can be done. Please continue to tell your friends, family, coworkers, and congregations about ACSTO and the tax credit program.  

 How your state tax dollars can help students receive an outstanding private Christian education at PCCS:

  • Make a donation to ACSTO recommending Payson Community Christian School as the recipient. You may also recommend a specific student; however, you may NOT designate your own dependent as a potential recipient.
  • Maximum Arizona state income tax credit for one year is $1,000 for married persons filing jointly or $500 for a single taxpayer, or the actual tax, whichever is less. Lesser donations are also welcome.
  • Donations must be postmarked or delivered to ACSTO by December 31 to be claimed as a credit for this year.
  • ACSTO will mail receipts by the following January 31.
  • Calculate your Arizona tax liability.
  • Subtract your gift from what is owed to the State of Arizona.
  • Use Arizona state income tax Forms 301 and 323.
  • A Federal tax deduction may also be available. Consult your tax advisor.
  •  
    If you would like to know more about ACSTO and the Arizona Tax Credit program just click here.

Payson Community Christian School
213 S. Colcord Road
Payson, AZ 85541
Phone: 928-474-8050
pccs@paysonchristianschool.org

Powered by Faithwebsites