Rhode Island Division of Taxation logo
Program

Rhode Island Tax Credits for Contributions to Scholarship Organizations

Offers a state tax credit for Rhode Island businesses that donate to approved scholarship organizations.

Rhode Island Division of TaxationUnited StatesTax credit

Rhode Island statute § 44-62 authorizes a tax credit for business entities that donate to qualified scholarship organizations (SGOs) in the state. The Division of Taxation administers an annual credit pool — FY2026 pool is $1,324,400. Business donors apply via Form CSO-2 (available July 1 each year); if applications exceed the available pool, a public lottery drawing is held in late July. After ma…

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 31 May 2026Source: tax.ri.gov