A previous poster suggested that you pour some cool , not cold, water over the IP. Have you done that? If that works, if the engine will start after the cool water, then you have a rapidly dieing IP.
Verify again that the IP is receiving power. Ignition on, doesn't matter whether you're cranking or not, so no cranking, check the forwardmost spade connector on top of the IP. That's the connecter on top of the IP closest to the front of the truck. If there is no power there, the engine will neither start nor run.
The fuel pump might be dead. Check somewhere that you're getting fuel to the IP. Depress the schrader valve on the fuel filter housing. The schrader valve looks just like the air valve on a tire. Depress the schrader while somebody cranks. You should get fuel flowing out, making a mess for you. If you have no schrader valve, then disconnect a hard line, either between the fuel filter and the IP, or the one going into the fuel filter. When you crank you should get a fuel flow. If you get no fuel flow, then take a serious look at the lift pump, the fuel pump.
I'm assuming that you have a stock lift pump, not an electric. The lift pump has a rubber diaphragm which will occasionally rupture. If that ruptures you'll have fuel going into your crankcase. Neither you nor the engine will be happy. Check you oil level and smell the oil if you can.
I've left out perhaps the most important thing, the first thing to check. How much fuel is in the tank you're drawing from? If the gauge (be aware that these trucks have notoriously bad fuel gauges) says there is only a quarter tank of fuel, then add five gallons to that tank. The in-tank fuel pickup may have broken. That happens more than we care to talk about. When the fuel pickup breaks off, it starts sucking air at 1/4 tank. Check your fuel level. IF this is the problem, you're going to have to bleed the air out of your fuel system.
Report back if you continue having a problem.