Public Charity

Inspiration Corporation

Inspiration Corporation, of Chicago, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.5M in revenue, $5.3M in expenses, $3.1M in total assets. 108 publicly reported grants to this organization, totaling roughly $7.6M, appear in IRS filings.

EIN: 363673980 Chicago, IL Latest filing: 2024
Total Revenue$4.5M
Total Expenses$5.3M
Total Assets$3.1M
Grant Records108
Funding Total$7.6M
Filing Years2020–2024

Mission

Inspiration Corporation's mission is to help people who are affected by homelessness and poverty, to improve their lives and increase self-sufficiency through the provision of social services, employment training and placement, and housing. Additionally, the Foodservice Training program, operated within Inspiration Corporation's restaurants, provides skill-specific job training and employment placement.5840 S. Dr. Martin Luther King Jr. Drive, LLC provides affordable and permanent supportive housing to low-income families, including those experiencing homelessness, in Chicago.

Officers & Directors

Director Amy Ding
Director Ben Yepsen
Treasurer Bill Pekin
Vice Chair-External Relati Blake Overlock
Director Brandon Barela
Past Chair Elisabeth Payne

Officer compensation and complete director data available with membership.

Top Grant Purposes

WORKFORCE INNOVATION AND OPPORTUNITY ACT ACTIVITIES
$1,283,834 4 grants
WORKFORCE INNOVATION AND OPPORTUNITY ACT ACTIVTITIES
$844,120 2 grants
For grant recipient's exempt purposes
$784,662 9 grants
WORKFORCE INNOVATION AND OPPORTUNITY ACT AND OTHER GRANT ACTIVIIES
$717,775 2 grants
Unrestricted
$590,932 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.5M $5.3M $3.1M
2023 $5.0M $4.8M $3.6M
2022 $4.8M $4.5M $3.3M
2021 $5.1M $4.1M $3.6M
2020 $3.8M $4.1M $2.5M

Between 2020 and 2024, reported annual revenue grew from $3.8M to $4.5M (+18%), with total assets most recently reported at $3.1M.

Interactive year-over-year charts and full filing details available with membership.

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