Logo for "Inspiration Corporation"

Inspiration Corporation

Inspiration Corporation

Chicago, IL, US
501(c)3
EIN
36-3673980
Logo for "Inspiration Corporation"

Inspiration Corporation

Chicago, IL, US
501(c)3
EIN
36-3673980

Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Inspiration Corporation is a nonprofit organization dedicated to providing social services, employment training and placement, and housing for homeless individuals. With an operating budget of $4.4 million and total revenue of $4.5 million for the filing year 2024, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information about their programs and initiatives can be found on their website at www.inspirationcorp.org.

Mission Statement

Social services, employment training and placement, and housing for homeless people
Revenues

$4.5M

Expenses

$5.3M

Net Income:
-$808.5K
Assets

$3.1M

Liabilities

$859.9K

Net Assets:
+$2.2M
Operating Budget

$4.4M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

50

Median grant size
$10K
Largest grant received
$562.6K
S
Shannon K Stewart MSW
Board Member
B
Brandon Barela
Board Member
S
Susan Weiss
Board Member

Frequently Asked Questions

What is Inspiration Corporation’s budget?
In 2024, Inspiration Corporation reported an annual operating budget of around $4.4 million. More detailed financial information is available to registered users.
What causes does Inspiration Corporation support?
Inspiration Corporation supports work in Homeless services.
Where does Inspiration Corporation operate?
Inspiration Corporation is headquartered in Chicago, IL.
Who funded Inspiration Corporation recently?
In 2025, Inspiration Corporation received grants from NORTH SHORE EXCHANGE NFP, UNITED WAY OF METROPOLITAN CHICAGO INC, and Helen V Brach Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Inspiration Corporation received in 2024?
The largest grant to Inspiration Corporation in 2024 exceeds $563 thousand.
What is Inspiration Corporation’s reliance on government grants?
Inspiration Corporation relied on government grants for more than 55% of their total revenue in 2024.
Overview
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