CONTACT: J.P. Duffy or Joshua Arnold, (866) FRC-NEWS or (866)-372-6397
WASHINGTON, D.C. - Family Research Council (FRC) responded Monday to Planned Parenthood’s annual report for fiscal year 2018. Planned Parenthood released the report in early January, and FRC staff devoted several days to reviewing and analyzing its statistics. Some of FRC’s key findings include:
- Planned Parenthood Federation of America aborted 1,768 babies per day in fiscal year 2018. In total, they committed 345,672 abortions in fiscal year 2018, up from 332,757 abortions in fiscal year 2017.
- Planned Parenthood’s abortion number for fiscal year 2018 is more than any other abortion provider in the U.S. and Planned Parenthood’s highest since fiscal year 2011. Planned Parenthood has increased its share of U.S. abortions from approximately 31 percent in 2011 to approximately 37 percent in 2017.
- In fiscal year 2018, Planned Parenthood received $616.8 million in combined federal, state, and local government grants and contracts, an increase of over $50 million from last year’s funding. Taxpayer funding accounts for 37 percent of Planned Parenthood’s revenue.
- Technically a non-profit, Planned Parenthood has generated millions in profit (excess revenue over expenses) in each of the last 19 years--until fiscal year 2018, when it failed to report its profit. For fiscal year 2017, Planned Parenthood reported a profit of $244.8 million. In fiscal year 2018, Planned Parenthood generated its highest gross revenue ever, coming in at $1.638 billion.
- In fiscal year 2018, Planned Parenthood reported unrestricted net assets of $2.2 billion, up from $802 million in fiscal year 2017. This is funding Planned Parenthood can use should it lose its government funding.
Patrina Mosley, FRC’s Director of Life, Culture, and Women’s Advocacy, responded in a statement:
“It is a sad day in our country when an organization can publicly announce their earnings from taking innocent human life. As Planned Parenthood’s profit increased, so did their abortions. They aborted 1,768 babies for every single day in fiscal year 2018. It’s inexplicable that a company as scandal-ridden as Planned Parenthood obtains nearly forty percent of their total revenue from the American taxpayer.
“The good news is that Planned Parenthood’s refusal to comply with the Protect Life Rule freed up valuable Title X resources for other federally qualified health centers (FQHCs) and pregnancy resource centers (PRCs), which outnumber abortion facilities and provide true comprehensive care for women. We hope to see more efforts like this to disentangle American taxpayers from abortion and to promote a culture of life,” concluded Mosley.
To read FRC’s full analysis of Planned Parenthood’s report, please visit: https://www.frc.org/plannedparenthoodfacts