by Steven Ertelt
June 5, 2006
New York, NY (LifeNews.com) — Planned Parenthood, the nation’s largest abortion business, made nearly $900 million last year, according to its most recent annual report. The report showed the pro-abortion group made its second-highest profit ever and set new records for the number of abortions it did and the lowest rate of adoption referrals compared to abortions.
According to its records, Planned Parenthood had a record income of $882 million dollars and a profit of $63 million, the second highest it has ever recorded.
The report also shows Planned Parenthood did more abortions in a single year, 255,015, than ever before.
It also set a new low for the number of women it referred for adoption compared to the number of abortions it performed. Planned Parenthood’s annual report shows it did 180 abortions for every one woman it sent to an adoption agency.
Jim Sedlak, the director of STOPP International, a Planned Parenthood watchdog group, compiled the data from the reports. He said he was surprised the abortion business continued to ask for state and federal taxpayer dollars despite receiving record income.
"Planned Parenthood must assume that elected officials can’t read a simple annual report," Sedlak said. "While Planned Parenthood is begging for increased government funding, it’s also admitting that it racked up record operating profits in its most recent fiscal year."
Sedlak also pointed out that Planned Parenthood set a record last year for the highest amount of taxpayer funding it received in a single year — with a total of $272.7 million in government grants and contracts.
Since 1987, Planned Parenthood has now received a total of $3.9 billion in taxpayers’ money, Sedlak explained.
"During that time it has surgically aborted more than 3.8 million babies in the womb," he said. "Just think of all the positive programs that could have benefited from our tax dollars had they not been wasted on such destructive efforts."
"It is absolutely incredible that, in these days of natural disasters and homeland security threats, our federal, state and local governments would fund this controversial organization to the tune of nearly $4 billion," said Sedlak.
"Why is our government so quick to finance such ruthless attacks on our own innocent children?" Sedlak concluded.
Related web sites:
STOPP – https://www.StopPlannedParenthoodTaxFunding.com