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by Steven Ertelt
June 9, 2006
Washington, DC (LifeNews.com) -- More information is coming forward from
examinations of the annual reports for the Planned Parenthood Federation of
America. The reports show Planned Parenthood continues to be the leading
abortion business in the country -- doing more abortions than any other company.
As LifeNews.com previously reported, Planned Parenthood, a supposedly
nonprofit organization, brought in $882 million in FY 2004-2005 a whopping
increase of 8.9 percent over the previous reporting period. The abortion
business made $63 million in profit last year.
New information shows Planned Parenthood, as of June 2005, had net assets
valued at $784.1 million, of which $302.1 million is unrestricted. PPFA has another
$107.6 million that is temporarily restricted.
The reports show Planned Parenthood continues to be the leading
abortion business in the country
Originally posted by maria_stardust
If Planned Parenthood has such a large windfall, wonderful! I'm glad, it's a healthcare clinic!
Over 3,280 abortions are performed on an average day...
...the profits of Planned Parenthood, the nation’s most prominent provider of so-called “abortion rights,” as revealed in its 2003-04 Annual Report.
Planned Parenthood clinics performed 244,628 surgical abortions, an increase of 6.1 percent. A total of 3.5 million surgical abortions have been performed at PP clinics since 1970.
Planned Parenthood clinics grossed $302.6 million last year, with $104 million coming from surgical abortions.
Total PP income for the year was $810 million, with one-third of that, or $265.2 million, coming from public funds given by our elected officials.
The PP organization has earned net profits for the past 18 years in a row, totaling $538 million."