$55.8 million profit? Baby-killing is a pretty lucrative business, I guess.
Cybercast News Service breaks it all down:
According to its annual report, income is divided roughly into three major categories: clinic income (fees charged to customers at clinics); donations (gifts from corporations, foundations and individuals); and taxpayer money (grants and contracts from federal, state and local government).
For the year July 1, 2005, through June 30, 2006, Planned Parenthood received $345.1 million in clinic income, $305.3 million in taxpayer funding and $212.2 million in donations. Total income reached $902.8 million while total expenses came to $847.0 million, leaving a profit of $55.8 million.
Numerous calls to Planned Parenthood offices in both New York City and Washington, D.C., seeking comment for this article, were not returned, but a statement on the organization's website says that the report "illustrates the achievements of an organization founded to prevent unintended pregnancy and protect women's health and safety."
Oh, but it gets better. Overall donations and clinic income are down, so guess who is paying more for PPFA to kill babies? You and me:
Jim Sedlak, executive director of Stop Planned Parenthood (STOPP) International, told Cybercast News Service on Thursday that the flow of taxpayer dollars to the abortion provider "has to be stopped. Since our elected officials won't do their job, it's up to us."
"Clearly, it was a good overall year for Planned Parenthood," he said. "Total income went up 2.4 percent, passing $900 million for the first time." At the same time, however, he said further analysis revealed "potential trouble spots" for the PPFA.
"The final category of Planned Parenthood revenue sources is you and me -- the American taxpayer," Sedlak said. He noted that the amount of taxpayer funding reported by PPFA exceeded that of the previous year by $32.6 million, or 12 percent.
"The bottom line is that Planned Parenthood is losing donations, its clinic income is down, and you and I are being forced to pay more so the organization can kill our children through abortion and spread its perverted ideology throughout the land," Sedlak said. "Everyone is getting the message: Stay away from Planned Parenthood. Everyone, that is, except our elected officials," Sedlak stated. "Without the increase in taxpayer funds, Planned Parenthood would have had an overall decline in income this year."
The jump in taxpayer funding to the PPFA also drew criticism from Douglas Scott, Jr., president of Life Decisions International (LDI). "This 'not-for-profit' entity ends every fiscal year with tens of millions of dollars in 'excess revenue over expenses,' which is known to regular people as 'profit,'" he said in a statement. Referring to the closing date of the latest annual report, Scott noted that "on June 30, 2006, PPFA had net assets valued at $839.8 million, of which $330.9 million was unrestricted and another $116.6 million was temporarily restricted. This is essentially a savings account. The money is sitting in a bank and drawing interest that will further advance Planned Parenthood's deadly agenda."
But wait, it just keeps on coming. PPFA recorded... zero adoptions. Over 260,000 abortions, and zero adoptions. The previous year, they reported 1,414 adoption referrals, which was roughly 1 adoption to every 180 abortions. But this year, they chose not to reveal the number of adoptions -- wonder why. Sedlak theorizes that "we can only assume the number was so low that Planned Parenthood didn't want to embarrass itself by revealing it."
Funnily enough, however, despite record high profits and record high numbers of abortions being performed, clinics around the country are closing, with the lowest number of clinics operating since 1987.
Keep abortion safe, legal, and rare, huh? Sure sounds like it. PPFA will tell you that they are simply giving "family planning services" or something similar, and that they do not encourage girls to get abortions, something more and more undercover reporters are discovering every day to be very, very false. And the numbers speak for themself.
Sedlak saw the PPFA's declining number of clinics as a silver lining in the organization's new report.
"This data should encourage all who fight Planned Parenthood in your community every day," he said. "Planned Parenthood is hurting. It is closing down clinics faster than it can open new ones, and its clinic income is down. Now is the time to rededicate ourselves to a tireless fight against Planned Parenthood."
But it doesn't matter, because PPFA "consultants" will say that it is just a blob of flesh, and not a baby.
Does this look like a blob of flesh to you?
Hat Tip: MoonBattery