Special Issue: STOPP analysis of Planned Parenthood 2011 and 2012 finances
Planned Parenthood getting more taxpayer money
"The data show that federal and state officials elected by the American taxpayers have increased the millions of dollars going to Planned Parenthood by 11 percent in the last two years. We now provide $542.4 million (over a half-billion dollars) to the nation’s largest abortion chain. That’s $1.5 million per day, each and every day.
Since 1964, our government has given Planned Parenthood $6.8 billion of our hard-earned money.
Most people know Planned Parenthood gets taxpayer money for its clinic services. Although it does, in fact, get millions for these, Planned Parenthood is also receiving tens of millions of dollars for other things. Its chief “other thing” is for its shocking sexuality education programs. Two years ago the federal government committed to spending over $75 million a year for sex education, and Planned Parenthood is getting the lion’s share of that money.
Planned Parenthood continues to make huge profits
In the last two years, Planned Parenthood reports that it had profits of $242.9 million. That is $242.9 million of our taxpayer money that has gone into Planned Parenthood bank accounts.
Over the last 40 years, Planned Parenthood has made a total of $1.2 billion in profits. A whopping $643 million (over half) has come over the last eight years. Clearly, Planned Parenthood has learned to tap into all the available government programs and uses them as its private slush fund.
Planned Parenthood’s non-government paid services stagnant
The non-government paid clinic income of Planned Parenthood hovered around $310 million over each of the last three years. It went up to $320 million in 2010 and then fell to $305 million in 2011 before rebounding to $311 million in 2012.
As we will show you in detail in next week’s Wednesday STOPP Report, this stagnation is caused in large part because the number of unduplicated clients reported by Planned Parenthood has stayed constant for the last seven years. It is not growing its clientele. Planned Parenthood’s overall business is in big trouble—except for its taxpayer money, which continues to increase at an astounding rate.
Taxpayers should not be forced to bankroll the nation’s largest abortion chain. Planned Parenthood cannot survive without the government funding that currently provides—according to Planned Parenthood’s own 2011-2012 annual report--45 percent of its total income."