Springfield nonprofits selected for $265K in state tax credits

Two Springfield nonprofits were selected to receive tax credits from the Missouri Department of Economic Development.

I Pour Life and Court Appointed Special Advocates of Southwest Missouri are the only nonprofits in the Springfield area to be awarded tax credits through the Youth Opportunities Program, as announced in a news release yesterday. The department issued $6 million total in tax credits to organizations around the state.

“Vibrant and healthy communities broaden opportunities for all Missourians, especially our most vulnerable,” said Maggie Kost, acting director of the DED, in the release. “We’re glad to assist nonprofits and other entities that make positive differences for people statewide. The Youth Opportunities Program is a great way we’re able to support groups working hard for Missouri’s children, who truly are the future of our state and its economy.”

I Pour Life is slated to receive nearly $185,000 in tax credits, with over $80,000 going toward the local CASA chapter.

Through the program, donors receive tax credits for contributions to nonprofits, according to the release. The Youth Opportunities Program is designed for youth development or crime prevention projects.