Youth Opportunity Program Tax Credit FAQ
What are YOP tax credits?
YOP is a state-sponsored program that provides tax credits to donors who help nonprofit organizations that make a positive difference in the lives of youth and thus the economic welfare of the state of Missouri. The state gives tax credits to reward eligible donors who support programs for Missouri’s children—the future of our state and the economy—and to increase funding for these programs. This allows donors who increase their giving as well as new donors to support local projects with funds they would normally owe on taxes. It’s a win-win!
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Who qualifies for YOP?
These credits are available to any individual or business with a MO tax liability.
Can I take the standard deduction and still get the YOP credit?
Yes!
What type of donations are eligible for the tax credits?
Gifts of stock or cash/monetary donations are accepted.
What size gift qualifies for YOP tax credits?
Gifts of at least $500 are eligible for a 50% credit.
What is the time period for donations to be eligible and YOP contributions authorized?
July 1, 2025-June 30, 2026 and Hope Creates has $136,088 of YOP contributions available.
When may the credits be claimed?
The credit may first be claimed on taxes due for the year the contribution was made, and extends for four additional tax years. The tax credit is only to be claimed on taxes due for that period, and any credit not claimed in that time will automatically be forfeited. The credit may not be used to offset taxes due for periods prior to the year of contribution.