Philadelphia region's most assetrich country clubs
Oct 15, 2024
Country club revenue has soared in the wake of the pandemic, along with dues and membership costs.
A Business Journals analysis of IRS forms for nonprofit country clubs shows assets have also been largely trending upward for local country clubs.
That includes the famed Merion Golf Club, which ranked as the Philadelphia-area's largest nonprofit country club by assets in 2022. The Ardmore club reported more than $47.6 million in assets that year, according to its Form 990 filing.
While experts…