According to Planned Parenthood’s IRS Form 990, president Cecile Richards pocketed a whopping $957,952 in annual take-home pay in fiscal year 2014. That figure represents a dramatic leap from FY 2013, even compared to the significant raises the abortion boss receives with each passing year.
The previous year, Richards received a $67,000 salary increase, bringing her income close to $600,000 – up from $523,616 in 2012. In 2011, she made $420,153. In 2009, Richards made about $353,000. Thus, within a few short years, Cecile Richards’ salary ballooned from well below half a million to nearly one million dollars. Data for the most recent years is not yet available.
And paying million dollar salaries does not break the bank for an abortion behemoth which boasts a cool quarter-billion in net assets and rakes in half a billion from taxpayer pockets every year. What’s an extra million bucks? Well, when the revenue is coming from abortion sales, an extra million bucks represents human lives. About two thousand of them, to be exact.
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In 2012, financial analyst Keith Riler explained at First Things that revenue from the sale of abortions at Planned Parenthood is used for things like employee salaries. “The contribution margin of each [abortion]procedure is the marginal profit per unit of sale,” he said, “and thus the amount each procedure contributes to the coverage of fixed costs (such as executive compensation) and to profits.”
The average cost of an abortion procedure, according to the best available figures, is at least $500. Thus, if abortion fees went exclusively to Richards’ salary until her annual $957,952 were met, 1,916 babies would die to fund her paycheck.
But the reality is that Planned Parenthood’s abortion profits are spread across many other bigwig paychecks, celebrity events, private jets, extravagant fundraisers, and, of course, endless marketing campaigns. Thus, Planned Parenthood doesn’t stop at killing a couple thousand babies a year. The abortion business ends the lives of 323,999 preborn children (yes, nearly a third of a million) per year. That’s 887 abortions per day; 37 abortions per hour; one abortion every 97 seconds.
LifeNews Note: Reprinted with permission from Texas Right to Life.