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Tipsheet

Big Business: Planned Parenthood Raking in $164 Million in Abortion Money Each Year

Big Business: Planned Parenthood Raking in $164 Million in Abortion Money Each Year

Ever wonder why the Left and Planned Parenthood are so rabid when it comes to the possibility of cutting funding for "women's health services?" Or pointing out the facts about the horrors of what happens inside the walls of a Planned Parenthood clinic? Because abortion is big business, and Cecile Richards doesn't want anyone touching the $164 million the organization makes each year performing abortions.

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The Susan G. Komen Foundation, an organization dedicated since 1982 to fighting, and one day curing, breast cancer, decided to extricate itself from the culture wars by discontinuing grants to Planned Parenthood, the nation's largest provider of abortions. The grants Komen had been making amounted to $650,000 last year, funding some 19 local Planned Parenthood programs that offered manual breast exams but only referrals for mammograms performed elsewhere.

The reality is that Planned Parenthood—with annual revenues exceeding $1 billion—does little in the way of screening for breast cancer. But the organization is very much in the business of selling abortions—more than 300,000 in 2010, according to Planned Parenthood. At an average cost of $500, according to various sources including Planned Parenthood's website, that translates to about $164 million of revenue per year.

 

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