Public Charity

Inspiration Corporation

Inspiration Corporation, of Chicago, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $6.5M in revenue, $5.3M in expenses, $3.8M in total assets. 115 publicly reported grants to this organization, totaling roughly $8.3M, appear in IRS filings.

EIN: 363673980 Chicago, IL Homeless Centers NTEE: P85 Latest filing: 2025
Total Revenue$6.5M
Total Expenses$5.3M
Total Assets$3.8M
Grant Records115
Funding Total$8.3M
Filing Years2021–2025

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.

Where $100 goes at Inspiration Corporation

How Inspiration Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$10 Management running the organization
$10 Fundraising raising the next dollar

Inside the $80 for programs

$35
Housing Services program provides formerly homeless individuals and families with an apartment and the wraparound services and support they need to make their new place a home.Case managers…
44% of program spending · Reported in the filing: 100 households
$29
Job training is located in Chicago's East Garfield Park neighborhood
36% of program spending
$16
Inspiration Corporation's first program, Inspiration Cafe, serves hot, nutritious meals to our participants in an atmosphere of dignity and respect
20% of program spending
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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.

Officers & Directors

Director Amy Ding
Treasurer Bill Pekin
Director Brandon Barela
Director David Rudd
Director Elisabeth Payne
Director Jeffrey Gawel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$3,228,270 9 grants
General Support
$3,096,299 62 grants
Human & Social Services
$487,811 14 grants
Food Assistance & Nutrition
$86,795 7 grants
Arts & Culture
$81,950 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.5M $5.3M $3.8M
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

Between 2021 and 2025, reported annual revenue grew from $5.1M to $6.5M (+27%), with total assets most recently reported at $3.8M.

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

See the full picture for Inspiration Corporation

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