Mount Carmel Sport Club
- Assets
- $32.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plymouth Meeting, PA
- Founding
- 07/1945
- Data as of
- 12/2023
- EIN
- 23-0895445
Organization Overview
Mount Carmel Sport Club is located in Plymouth Meeting, PA. The organization was established in 1945. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Carmel Sport Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Mount Carmel Sport Club generated $137.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $137.0k during the year ending 12/2023. While expenses have increased by 10.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $137,462 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,109 |
| Professional fees and other payments to independent contractors | $4,480 |
| Occupancy, rent, utilities, and maintenance | $43,602 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $87,839 |
| Total expenses | $137,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,871 |
| Other assets | $0 |
| Total assets | $32,598 |
| Total liabilities | $112 |
| Net assets or fund balances | $32,486 |