Planned Parenthood in the USA is a wealthy enterprise.
The abortion giant [Planned Parenthood] took home $85 million in “excess of revenue over expenses” (a nifty way of saying profits) and had an operating budget of over $1 billion for the 2007-2008 fiscal year, according to its latest annual report. Included in that budget was $350 million in “government grants and contracts” (an equally nifty way of saying your tax dollars). An increase in the number of abortions performed helped fuel the profits.
Budgets don’t lie–and 85 million “excess revenue over expenditure” ain’t too shabby. Turns out the abortion industry is recession proof, too–they are doing better business now that people are worried about finances.by