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California · Nonprofit

REPRODUCTIVE HEALTH INVESTORS ALLIANCE

REPRODUCTIVE HEALTH INVESTORS ALLIANCE (California) receives grants from 28 organizations whose IRS filings report $9,461,231 to it, the largest being GATES FOUNDATION ($2,997,325). 11 of them have funded it in more than one year.

Revenue FY2024
$2.6M
Funders on record
28
Grants received
$9.5M
Net assets
$2.1M
11/28 repeat fundersgrants exceed reported revenue in one year
01What it does

What Reproductive Health Investors Alliance does

Mission

Rhia ventures works at the intersection of racial equity, women's health, and capital to drive systems change, innovation, and financial and social returns.

As stated on its FY2024 Form 990.

Programs

  1. Corporate and public engagement:ensuring that reproductive health care is considered essential care among employers across america through corporate engagement. Shifting the conversation around reproductive and maternal healthcare through our podcast series, ps blossom, to equip young black, indigenous, and people of color (bipoc) to advocate for higher quality reproductive and maternal healthcare.

    $724,135 spent
    35% of program spending

  2. Impact investing:as impact investors, our unique mission of seeking both financial and social returns attracts inspiring and talented entrepreneurs who share a common vision to improve the health of all women in the us. Underlying all of our work is a continued commitment to gender and racial equity.

    $711,960 spent
    35% of program spending

  3. Ecosystem building:provide technical assistance and shared resources to support early-stage companies that are developing products and services to strengthen health equity within the sexual, reproductive and maternal space.

    $365,777 spent
    18% of program spending

  4. Blossom: a component of our narrative change program which is podcast series focused on empowering all women, especially black, indigenous, and other women of color, to advocate for their health care, their way. The series explores issues of race, gender, and class within sexual, maternal, and reproductive health with a specific focus on the autonomy of black, indigenous, and other women of color.

    $249,098 spent
    12% of program spending

  5. Future strategic planning:planning and strategy work focused on identifying priorities for future work (2023-2026) and strategies to help us more thoroughly embed race equity and health equity into our work.

    $0 spent
    0% of program spending

  6. The racial equity asset lab (the real):works to bring justice to capital and promote shared prosperity for all by challenging and disrupting the policies, practices, and cultural norms upholding and perpetuating systems of advantage and disadvantage. The real is working towards a bold vision of a society where shared power reflects and represents communities historically marginalized and exploited by capitalism and where people are valued higher than profit.

    $0 spent$75,000 earned by the program
    0% of program spending

The 6 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,050,970.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($6.4M) Expenses 100 ($1.0M) Net assets 100 ($5.4M)2019 Revenue 52 ($3.3M) Expenses 285 ($2.9M) Net assets 109 ($5.8M)2020 Revenue 33 ($2.1M) Expenses 262 ($2.6M) Net assets 104 ($5.6M)2021 Revenue 7 ($451k) Expenses 233 ($2.3M) Net assets 69 ($3.7M)2022 Revenue 58 ($3.7M) Expenses 282 ($2.8M) Net assets 88 ($4.7M)2023 Revenue 29 ($1.9M) Expenses 356 ($3.6M) Net assets 54 ($2.9M)2024 Revenue 40 ($2.6M) Expenses 317 ($3.2M) Net assets 39 ($2.1M)
2018201920202021202220232024
Revenue (40)Expenses (317)Net assets (39)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.9M to $3.9M (−34%).

$5.7M
$6.4M
$5.9M
$3.9M
$4.8M
$3.7M
$3.0M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

107% of REPRODUCTIVE HEALTH INVESTORS ALLIANCE’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$5.4M
’18
$473k
’19
−$560k
’20
−$1.9M
’21
$843k
’22
−$1.7M
’23
−$623k
’24
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Erika Seth Davies

CEO

Board chair

Ruth Shaber

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021 filings.

2018201920202021202220232024
Listed5710710107
Joined·+4+4+2+5+0+0
No longer listed·215203
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $25k → $621k.

Funder
'18
'19
'20
'21
'22
'23
'24*
total
funders
1
5
9
7
10
7
15

9 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of REPRODUCTIVE HEALTH INVESTORS ALLIANCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

REPRODUCTIVE HEALTH INVESTORS ALLIANCE leans on a few funders — its largest provides 32% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

32%
largest funder
64%
top three
~6
effective funders

Largest funder’s share by year: 2018 100% · 2019 55% · 2020 46% · 2021 53% · 2022 58% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of REPRODUCTIVE HEALTH INVESTORS ALLIANCE's funders are still giving 3 years after their first grant; 39% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

REPRODUCTIVE HEALTH INVESTORS ALLIANCE draws 95% of its grant income from funders outside California, across 10 states in all.

WA
MN
IL
WI
NY
CA
NE
MD
DE
DC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $729k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

REPRODUCTIVE HEALTH INVESTORS ALLIANCE is better cushioned than half of the 8,121 health nonprofits its size.

Operating margin−24% · bottom quartile
Months of reserve5.0mo · above the median
Revenue growth (annualized)−14% · bottom quartile

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Organizations like REPRODUCTIVE HEALTH INVESTORS ALLIANCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Rock Health Foundation83%Hispanics in Philanthropy80%Share Equity80%Sustainable Ocean Alliance Inc79%Asian & Pacific Islander American Health Forum79%Realoptions79%The Praxis Project Inc79%Henry J Kaiser Family Foundation79%

Nationally

Rhode Island Health Center Association85%Femhealth USA Inc84%Ibis Reproductive Health Inc84%Resilient Sisterhood Project Inc83%Society for Women's Health Research83%Rhode Island Business Group on Health83%Rock Health Foundation83%Washington Health Alliance82%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

67% of spending goes to programs.

Program 67%Management 22%Fundraising 11%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

38%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

CA
DE

Part of a family of 4 related entities

  • Rh Capital Fund I LP · partnership
  • Rh Capital Fund II LP · partnership
  • Rh Capital LLC · partnership
  • Rh Capital Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for REPRODUCTIVE HEALTH INVESTORS ALLIANCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REPRODUCTIVE HEALTH INVESTORS ALLIANCE?
REPRODUCTIVE HEALTH INVESTORS ALLIANCE (California) receives grants from 28 organizations whose IRS filings report $9,461,231 to it, the largest being GATES FOUNDATION ($2,997,325). 11 of them have funded it in more than one year.
How many funders does REPRODUCTIVE HEALTH INVESTORS ALLIANCE have?
IRS filings report 28 organizations giving $9,461,231 in grants to REPRODUCTIVE HEALTH INVESTORS ALLIANCE, 11 of which have funded it in more than one year.
Who is the largest funder of REPRODUCTIVE HEALTH INVESTORS ALLIANCE?
GATES FOUNDATION is the largest funder on record, with $2,997,325 in grants. The full list of funders is on this page.
How can an organization like REPRODUCTIVE HEALTH INVESTORS ALLIANCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing