In a recent letter to the editor, Katherine Humphrey attempts to defend her employer, Planned Parenthood, America's largest abortion provider. She claims Planned Parenthood profits from last year "meet the highest standards of fiscal accountability" without mentioning Planned Parenthood made a whopping $114.8 million dollars in profit last year. That's approximately 11% of their revenue. For comparison, Exxon-Mobil's record profits in the final fiscal quarter of 2007 were 10% of their quarterly revenue. Planned Parenthood is one of the most profitable "non-profits" in the world as their profits (income over their expenses) are in the tens of millions of dollars every single year. Their profits were also boosted by the more than $300 million in tax dollars they received from the government.
Humphrey also claims she's proud to be a part of Planned Parenthood's "efforts" to prevent abortion. Planned Parenthood is America's #1 abortion provider. They committed 289,750 abortions in 2006. While the number of abortions being performed nationwide has dropped significantly in recent years, the number of abortions committed at Planned Parenthood has increased dramatically (they performed under 200,000 abortions in 2000). They now commit approximately 1/4 of all U.S. abortions. Planned Parenthood claiming they want less abortions is like Exxon-Mobil claiming they want people to use less gas.
Monday, June 30, 2008
Planned Parenthood's Profits
The following letter to the editor was submitted to the Grand Rapids Press in response to a letter from Katherine Humphrey, President and CEO of Planned Parenthood of West and Northern Michigan.