The Planned Parenthood Federation of America (PPFA) just released its 2011-2012 annual report revealing that PPFA and its affiliates received a record $542 million in taxpayer funding from government grants, contracts and Medicaid reimbursements. Taxpayer funding is 45% of PPFA’s annual revenue. PPFA reported $87.4 million in excess revenue and over $1.2 billion in net assets. Not too shabby for the nation’s abortion giant, operating at taxpayer expense.
PPFA abortions increased in 2011 to a record high 333,964, up from 329,445 performed in 2010. Abortions made up 92% of PPFA’s pregnancy “services.” As in previous years, prenatal care in 2011 was 7% of services and adoption referrals only 0.6%. All of this is against the backdrop of the PPFA mandate that all of its affiliates perform abortions starting in 2013.
Remember all of the election rhetoric about the incredible services for women performed by Planned Parenthood? The war on women for tampering with PP funding? The annual report reveals that while the number of abortions performed increased, contraceptive services have dropped by 12% since 2009, and cancer screening and prevention by 29%.
The Planned Parenthood annual report can be found here.