Rih Ventures
Also known as Brown University Health Laboratories
Rih Ventures reported $10.3 million in revenue and $10.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $1,505,315 (EVP & CFO). Revenue rose 25% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor context, the median across 2,451 covered unclassified charities: $88.23 programs, $11.72 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 29.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.5% |
| Program service revenue share Part VIII 2g ÷ 12 | 100.0% | 58.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,505,315 | $302,069 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 14.91% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expensePhlebotomy services performed by RIHV provide a convenient means by which individuals may present themselves to have a blood sample drawn for further diagnostic testing by Brown Health affiliates. Laboratory services are available at locations throughout Rhode Island and southeastern Massachusetts, each offering a complete range of the most advanced laboratory tests. Because appointments are not needed at Brown Health Laboratories, location and time are always at the convenience of the patient. All laboratories are linked to Brown Health Hospitals and offer the added convenience of the most…
RIHV provides safe, secure, and conveniently located parking facilities to RIH's patients, visitors, and staff. The 60-acre RIH campus accommodates more than 10,000 vehicles every day, providing expedient access to all buildings. All patients discharged are provided with one free exit from the parking lots. Free parking is provided to both emergency department patients and patients who receive medical treatment covered by RIte Care and Medicaid. In addition, valet parking and shuttle service are available to qualifying patients without charge in designated areas of the RIH campus. The parking…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EVP & CFO Officer, 0.1 hrs/week | $0 | $1,464,555 | $40,760 | $1,505,315 |
| Secretary Director/trustee, officer, 0.25 hrs/week | $0 | $879,367 | $149,013 | $1,028,380 |
| President Director/trustee, officer, 0.25 hrs/week | $0 | $630,795 | $139,043 | $769,838 |
| President thru 4/25 Director/trustee, officer, 0.1 hrs/week | $0 | $702,482 | $40,089 | $742,571 |
| Treasurer & Chair Director/trustee, officer, 0.1 hrs/week | $0 | $539,491 | $116,060 | $655,551 |
0 people received more than $100,000 in reportable compensation from Rih Ventures (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Rih Ventures's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rih Ventures, you can publish a response that is linked from this page.
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Of every $100 Rih Ventures spent in FY2025, $100.00 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Rih Ventures's spending goes to programs?
In the fiscal year ending September 30, 2025, Rih Ventures reported that 100.0% of its $10.1 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Rih Ventures pay its top executive?
The largest total compensation Rih Ventures reported for one person in the fiscal year ending September 30, 2025 was $1,505,315, for the role of EVP & CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Rih Ventures get its money?
Of $10.3 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).
Is Rih Ventures a registered charity?
The IRS lists EIN 05-0448686 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612309349301301 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532269349302043 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349302286 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312239349300646 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202249349301305 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122259349300347 · read the filing
All filings for EIN 05-0448686: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.