Tucker Carlson recently interviewed the EVP of Planned Parenthood in what he surmised was a waste of time, and I would agree. But something was missed. While we continue to focus on the fact that Planned Parenthood performs over 330,000 abortions per year in the US, what is equally important is that they use US taxpayer funds to perform abortions in; Sub-Sahara Africa, Central America and the Caribbean, and South America.
In fact, according to their 2015-990 Form, about $12 million was spent outside of the US, $300,000 in Canada, and $9 million was spent on ‘Investments’ in Central America and the Caribbean. Total grants to Domestic affiliates amounted to $61 million. Payroll internally amounted to about $58 million, consulting fees including legal and accounting amounted to about $34 million, IT was $10 million, Office $13 million, and travel and conferences amounted to about $10 million.
That means, of their $218.184 functional internal expenses, about $70 million was disbursed to their subsidiaries including US and worldwide abortions, entailing more salaries, consultants and expenses, leaving a 68% cost to cover Administration of Planned Parenthood central.
Even worse: Again, taking into account they are a non-profit, their ending Cash amounted to about $113.6 million and Traded Security Investments were $238 million! For an organization that claims their main concern is the welfare of women, they seem to horde an awful lot of liquidity.
According to an infectious disease expert at the University of California, Planned Parenthood sells various STD test kits via their App at a cost 10 times what the test would cost at a public clinic and 20 times the cost of a federal clinic. Federal Clinics are already available for: the homeless, underserved area populations, migrants, and public housing residents. They have been around since 1991 and have 6000 sites scattered around the US. In addition, general health tests and services are available at Universities…
Seems Planned Parenthood is simply a tool for creating salaries, wages and expenses for services that are already available for those who have no money or access to healthcare…
They paid about $7.6 million in fees and $7.5 million of expenses to raise $64 million from donors. But for a non-profit, their assets and spending habits are a bit interesting:
They sold a ‘condo’ which they claim was their NY office space for $69.6 million! Nice Digs.
While they are affiliated with and control a number of Trusts as well as a C Corporation, they also control a number of tax exempt organizations, including three engaged in political activities, an Obamacare canvassing group, an advocacy group and an ‘Anonymous’ real estate LLC, whose name is “434W33CHC, LLC”. Why would they require anonymity?
According to Lifetime News, Planned Parenthood had committed to performing over 273,000 abortions in specific African regions by 2015. With the media lavishing over the Zika Virus, Planned Parenthood immediately stepped in and cried for abortions on demand in Brazil, El Salvador, and elsewhere throughout the Central and southern regions of South America, Haiti, and the Caribbean with the help of the UN.
According to Planned Parenthoods website, they charge about $1500 per abortion ‘often less’. At the $1500 cost * 332,000 abortions, that would amount to revenue of $498 million. Let’s discount the cost to an average of say $1000. That would amount to annual revenue of $332 million.
They claim that most of their work is in healthcare and STD testing performing over 2 million per year with an average cost of $30 for outside lab and about $25 to Planned Parenthood. The revenue for that would amount to $50 million.
So which procedure is more profitable?
And lastly, it should be noted that Planned Parenthood prepares its own financials and tax forms internally – then sends them to an outside accountant for ‘review’, not audit.