NEW GARDEN PARK INC is a Public Charity headquartered in WORCESTER, MA. Financial data from the 2025 filing: $16.9M revenue, $10.4M expenses, $53.6M total assets. 2 publicly reported grants to this organization, totaling roughly $50K, appear in IRS filings.
TO CARRY OUT AND OPERATE FOR THE BENEFIT OF THE CHARITABLE PURPOSE OF THE WORCESTER BUSINESS DEVELOPMENT CORPORATION (WBDC) AND LESSEN THE BURDENS OF GOVERNMENT BY COMBATING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY PROVIDING INFRASTRUCTURE IN DISTRESSED AREAS THROUGH THE ACQUISTION, HOLDING, OWNING, MAINTENANCE, IMPROVEMENT, LEASE, FINANCE, REFINANCE, SELLING, EXCHANGE OR OTHER DISPOSITION OF ALL OR PART OF ITS PROPERTIES.
How New Garden Park Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 2 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $16.9M | $10.4M | $53.6M |
| 2024 | $8.0M | $6.5M | $48.7M |
| 2023 | $1.7M | $1.2M | $42.2M |
| 2022 | $1.4M | $870K | $37.0M |
| 2021 | $21.0M | $2.6M | $35.9M |
Between 2021 and 2025, reported annual revenue declined from $21.0M to $16.9M (-20%), with total assets most recently reported at $53.6M.
Interactive year-over-year charts and full filing details available with membership.
