This nonprofit is very profitable. Planned Parenthood has donated $25 Million to Democrats since 2000.
Abortion mill Planned Parenthood has raked in a reported $700 million in profit since the tenure of CEO Cecile Richards, taking in a reported $127 million in profit annually. Yes, that would be the same “nonprofit” corporation that your tax dollars subsidize—over $500 million annually.
In October of last year, Rep. Jason Chaffetz questioned why exactly Planned Parenthood is framed as a “nonprofit” when they are clearing so much cash:
“Planned Parenthood has annual revenues of $127 million more than their expenses,” stated Chaffetz. “They were sending money overseas, they were spending money and giving it political organizations, they have a lot of shared services—I think these are legitimate questions as we look at the finances of an organization that is structured as a non-profit.”
“Why do we send money to an organization where the revenues exceed expenses by $127 million dollars annually?” he asked. “It doesn’t sound like an organization that needs to be supplemented by taxpayer dollars.”
As well known, Planned Parenthood clears such huge sums by murdering the unborn in the womb, though the corporation hilariously contends that only three percent of their “services” account for abortion, a misleading number which has been widely debunkedby even left-wing publications. DailyWire