The Coca-cola Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The Coca-cola Foundation Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1984, with $341,683,053 in FY2024 revenue. CharityIndex grades it B.
1 Coca Cola Plz Nw, Atlanta, GA, 30313 EIN 58-1574705 Since 1984
Revenue (FY2024)
$341.7M
▲ 165.8% vs prior year
Expenses (FY2024)
$118.4M
Net assets
$533.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Coca-cola Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating54 mo reserves · +65% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Coca-cola Foundation Inc: 54 mo reserves · +65% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Coca-cola Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Coca-cola Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $115.1M (FY2020) to $341.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $533.9M
Operating margin
65.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$533.9M
Total liabilities
$0
Net assets
$533.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $341,683,053▲166% | $118,437,174▲22.4% | $533,903,735▲72.4% | $533,903,735▲72.4% | 990PF |
| 2023 | $128,571,584▲132% | $96,737,308▲1.9% | $309,608,071▲16.2% | $309,608,071▲16.2% | 990PF |
| 2022 | $55,526,124▼68.9% | $94,945,565▼12.3% | $266,535,468▼18.9% | $266,535,468▼18.9% | 990PF |
| 2021 | $178,366,620▲55.0% | $108,273,521▼22.4% | $328,454,102▲24.4% | $328,454,102▲24.4% | 990PF |
| 2020 | $115,110,362 | $139,450,508 | $264,004,314 | $264,004,314 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Beatriz Perez | Chair/director | 5 | — |
| Carlos Pagoaga | President | 30 | — |
| Henrique Braun | Secretary | 1 | — |
| John Murphy | Treasurer | 1 | — |
| Marc Goncher | General Legal Counsel | 2 | — |
| Mark Harris | Asst Treasurer,gen Tax Counsel | 1 | — |
| Michael Goltzman | Board Director | 1 | — |
| Saadia Madsbjerg | President | 30 | — |
| Yasmin Assar | General Legal Counsel | 2 | — |
Frequently asked questions
- Is The Coca-cola Foundation Inc a legitimate nonprofit?
- Yes. The Coca-cola Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1574705, based in Atlanta, Georgia. Donations are tax-deductible.
- What is The Coca-cola Foundation Inc's EIN?
- The Coca-cola Foundation Inc's Employer Identification Number (EIN) is 58-1574705.
- How much revenue does The Coca-cola Foundation Inc report?
- The Coca-cola Foundation Inc reported $341,683,053 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Coca-cola Foundation Inc have?
- CharityIndex grades The Coca-cola Foundation Inc B, based on financial health (reserves and operating margin).
- How much does The Coca-cola Foundation Inc's highest-paid employee make?
- The highest reported compensation on The Coca-cola Foundation Inc's latest Form 990 is $0, paid to Beatriz Perez (Chair/director).
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Data for The Coca-cola Foundation Inc (EIN 58-1574705) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.