Planned Parenthood swimming in record profits

June 5, 2006 09:00 AM

"Planned Parenthood must assume that elected officials can't read a simple annual report," said American Life League vice president Jim Sedlak. "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."

Newly released data reveals that for the 2004-2005 fiscal year, Planned Parenthood had a record income of $882 million and a profit of $63 million, the second highest the organization has ever reported in a single year. Planned Parenthood also set new standards for the number of abortions in a single year (255,015) and for its ratio of abortions to adoption referrals (180 to 1).

"Planned Parenthood also set a record for the amount of taxpayers' money it received," said Sedlak, "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. During that time it has surgically aborted more than 3.8 million babies in the womb, and attacked the innocence of 24 million young people through its sex education programs. 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?"

Earlier this year, American Life League began an online petition campaign to end taxpayer funding of Planned Parenthood through its web site. "Large numbers of Americans want this taxpayer funding to stop," said Sedlak. "We are confident this new financial report will generate a grassroots groundswell for government to cut off the ever-increasing flow of our dollars. America deserves better."

Release issued: 5 Jun 06

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