www.lifenews.com...
Planned Parenthood is supposed to be nonprofit.
Last year
it made a profit of 63 million $$$ and it's just sitting on it. Guess
Hillary will be getting a BIG donation for her presidential campaign?
exerpt coming -
by Steven Ertelt
LifeNews.com Editor
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.
More at the source -
www.lifenews.com...
What really gets me is that even though they are supposedly nonprofit
(yeah right
), and they have such a huge amount of money in the bank,
they are still demanding more of our state and federal tax money.
One third of it's income ($272.7 million) comes from our taxes which
could better be spent elsewhere then just dumping it into their
'nonprofit' savings account.
[edit on 6/11/2006 by FlyersFan]
