6/10/2006

Planned Parenthood Rapidly Nearing One Billion Dollar Annual Budget

WASHINGTON, June 9 /Christian Newswire/ -- “If the current trend continues, the Planned Parenthood Federation of America Inc. will command a budget of more than $1 billion in three years,” warned Douglas R. Scott, Jr., president of Life Decisions International.

The Planned Parenthood Federation of America (PPFA) generated $882 million in Fiscal Year 2004- 2005, which is a whopping increase of 8.9 percent over the previous reporting period. Nearly one-third of its income ($272.7 million) comes from American taxpayers. “This ‘not-for-profit’ entity ends every fiscal year with tens of millions of dollars in ‘excess revenue over expenses,’” Scott said, “which is known to mere mortals as ‘profit.’” The “excess” for 2004- 2005 alone was $63 million.

PPFA reported that on June 30, 2005, it had net assets valued at $784.1 million, of which $302.1 million is unrestricted. “This is essentially a savings account,” Scott explained. “It is money that Planned Parenthood could choose to spend at any time. But for now it is sitting drawing interest.” PPFA has another $107.6 million that is temporarily restricted. “Despite these huge sums that Planned Parenthood cannot seem to find a use for, the corporation’s hierarchy incessantly claims to need more tax dollars,” Scott said.

An affiliate of the International Planned Parenthood Federation, PPFA describes itself as the world’s oldest and largest “reproductive health care” business. Founded in 1916 by elitist and eugenics advocate Margaret Higgins Sanger, it began as the nation’s first birth control facility.

PPFA argues that “everyone has the right to choose when or whether to have a child...” It pushes for laws and constitutional amendments that guarantee “reproductive freedom,” a phrase encompassing unlimited birth control and abortion for everyone, no matter how young.

The most proficient abortion machine in the United States, PPFA admits to killing 255,015 preborn human beings in 2004 alone (up 4.3% from 2003), generating an estimated $95 million. A scant 1,414 customers were referred to adoption agencies; down more than 20% from 2003. PPFA claims to prevent the “need” for abortion while simultaneously working to increase its share of the lucrative abortion market. In 1984, PPFA committed just over 5.5% of all abortions in the United States. By 2004 that figure had risen to nearly 20%.

PPFA confesses to having sold 983,537 “emergency” birth control kits in 2004 (nearly 21.3% more than in 2003). Every PPFA “clinic” dispenses “emergency” birth control. Most prescribe it over the phone and accept orders over the Internet, without an exam. In the vast majority of cases, “emergency” birth control causes an abortion.

Scott noted that PPFA’s release of its Annual Report was delayed by nearly six months. “This is probably because it took a long time for Planned Parenthood to count so much money,” Scott said.

Life Decisions International will publish an analysis of PPFA’s Annual Report in the July-August edition of its newsletter, The Caleb Report.

Life Decisions International (LDI) is dedicated to challenging the Culture of Death, concentrating on exposing and fighting the agenda of Planned Parenthood. LDI's chief project is a boycott of corporations that fund the abortion-committing giant. To learn more about Planned Parenthood, please visit: http://www.fightpp.org/show.cfm?page=wrong