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Money Machine - Conservative Viewpoint RE: Planned Parenthood

Posted August 31st, 2008 at 11:53am by lifesfun
Money Machine

Planned Parenthood (PP) claims to be a “not-for-profit” entity, yet it made a combined “excess revenue over expenses” (known as profit to regular people) between 2004 and 2006 of nearly $ 120 million. As of June 30, 2006, PP had net assets valued at $ 839.8 million, of which $ 330.9 million was unrestricted and another $ 116.6 million was temporarily restricted (essentially a savings account). In the 2005-2006 Fiscal Year, more than a third of this...

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