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.