The Susan B. Anthony List (SBA List), a pro-life Washington D.C. based organization, posted financial information on Planned Parenthood Federation of America (PPFA).
According to an SBA List press release, the PPFA annual report for the year “2009 to 2010 revealed, for the first time, that PPFA topped $1 billion in total net assets.”
SBA List goes further saying that in the PPFA report, “46% of PPFA’s annual revenue ($487,400,000) comes from U.S. taxpayers in the form of government grants, contracts & Medicaid reimbursements.”
“In 2010, abortion procedures made up 91% (329,445) of Planned Parenthood’s services for pregnant women, while prenatal services and adoption referrals account for only 8.6% (31,098) and 0.2% (841), respectively.”
“Planned Parenthood reports to have served ‘three million people’ and performed 329,445 abortions, meaning that 11% of PPFA clients received an abortion.’
SBA List President Marjorie Dannenfelser commented on the PPFA report saying:
“With over a billion in net assets and a business model centered on abortion and government subsidies, it is time for Planned Parenthood to end its reliance on taxpayer dollars.
“Despite an unprecedented effort by statewide and federal leaders to defund them, a wave of former employees willing to testify against them, and uniform agreement amongst Republican presidential candidates that they should be defunded, Planned Parenthood continues full-steam ahead.”
“They are unwilling to answer to the pro-life American majority that wants out of this business. I urge Congress to press on with Congressman Cliff Stearns’ investigation into this abortion giant.”