Planned Parenthood had a great year (babies and taxpayers, not so much)
Here is Planned Parenthood’s 2011-2012 Annual Report. The company reported assets of nearly $1.2 billion yet Americans provided the tax-exempt organization $542.4 million in government grants.
What do you get for your fungible taxpayer dollars? An array of services and 333,964 abortions in fiscal 2011 alone (see below). As an abortion procedure costs an average of $500, this means $167 million of revenue for Planned Parenthood.
And when you hear a Planned Parenthood executive claim that she/he wished abortions were more “rare,” think about the ratio of abortions to adoption referrals (see below).
Planned Parenthood PACs spent at least $12 million supporting the president’s re-election. No doubt, they will be rewarded handsomely over the next four years.