by Steven Ertelt
June 11, 2007
Sacramento, CA (LifeNews.com) — A Planned Parenthood watchdog says the California affiliate of the nation’s largest abortion business should return millions of taxpayer dollars to the Golden State. Jim Sedlak has recently reviewed PP’s annual report and says the non-profit group is getting millions in tax money despite making a healthy profit.
"It is incredible that Planned Parenthood affiliates in California routinely receive more taxpayer money than they need and put the excess in the bank," Sedlak said. "It should be required to pay it back."
Sedlak is the head of STOPP International and he recently reviewed Planned Parenthood’s financial numbers. He says he was shocked by what he found.
The organization’s California affiliates have received more than $270 million in taxpayer money since 1998 and have accumulated a total profit of $83 million over those years. During the same time, the total assets reported by the California Planned Parenthood increased from $83.7 million in 1998 to $171.2 million today.
"It is clear, that over $80 million in taxpayer funds has been used simply to fatten Planned Parenthood’s coffers," Sedlak told LifeNews.com.
"With the current budget situation in California, it is time Planned Parenthood returned this money to the state," he added.
"If Planned Parenthood claims it would be difficult to return the money all at once, we suggest that it be required to fulfill all its contracts with the state over the next three years without any further payment of taxpayer money," Sedlak explained.
"It could fund the operation completely from its past profits and at the end of the three year period, it would still have $80 million in total assets."
Planned Parenthood Affiliates of California did not return a request from LifeNews.com for comment.