Planned Parenthood Abortion Business Makes Nearly $900 Million Last Year
by Steven Ertelt
June 5, 2006
New York, NY (LifeNews.com) -- Planned Parenthood, the nation's largest abortion business, made nearly $900 million last year, according to its most recent annual report. The report showed the pro-abortion group made its second-highest profit ever and set new records for the number of abortions it did and the lowest rate of adoption referrals compared to abortions.
According to its records, Planned Parenthood had a record income of $882 million dollars and a profit of $63 million, the second highest it has ever recorded.
The report also shows Planned Parenthood did more abortions in a single year, 255,015, than ever before.
It also set a new low for the number of women it referred for adoption compared to the number of abortions it performed. Planned Parenthood's annual report shows it did 180 abortions for every one woman it sent to an adoption agency.
Jim Sedlak, the director of STOPP International, a Planned Parenthood watchdog group, compiled the data from the reports. He said he was surprised the abortion business continued to ask for state and federal taxpayer dollars despite receiving record income. the rest