While Planned Parenthood’s 2014 annual report reveals a steady annual decline in the abortion chain’s legitimate health care services (pap smears, breast exams, STI treatment, contraception, adoption referrals, etc.), the most recent IRS Form 990 filed by the organization, covering 2014, shows that CEO Cecile Richards’ salary and compensation skyrocketed, bringing her salary to $957,952. Vice President Dawn Laguens cleared $599,721.
Texas Right to Life notes that it only took three years for Richards’ salary to double. In 2011, her reported income was $420,153. These salary reports do not yet show (if any) effects of the Center for Medical Progress’s undercover Planned Parenthood videos, since financial reports are released almost two years later. However, they do show that during the time period leading up to the videos’ release, the abortion giant was doing well enough to compensate its two top officers $1,557,673.
In comparison, Planned Parenthood’s lament that it deserves government funding falls flat. In its 2014-2015 annual report, the abortion chain reports it received $553.7 million from government funding. By comparison, in its most recent tax return, Planned Parenthood’s 12 highest paid employees all earn six-figure compensation totaling almost half a billion dollars. Clearly this business is so profitable it can afford to pay just its top 12 people nearly as much as it receives from taxpayers.
Texas Right to Life’s report on the salary increase notes:
The average cost of an abortion procedure, according to the best available figures, is at least $500. Thus, if abortion fees went exclusively to Richards’ salary until her annual $957,952 were met, 1,916 babies would die to fund her paycheck.
But the reality is that Planned Parenthood’s abortion profits are spread across many other bigwig paychecks, celebrity events, private jets, extravagant fundraisers, and, of course, endless marketing campaigns. Thus, Planned Parenthood doesn’t stop at killing a couple thousand babies a year. The abortion business ends the lives of 323,999 preborn children (yes, nearly a third of a million) per year. That’s 887 abortions per day; 37 abortions per hour; one abortion every 97 seconds.
Planned Parenthood continues to assert that it is a nonprofit health business, but its own tax forms and annual reports show it to be a highly profitable business with leaders making six-figure salaries–all while receiving half a billion dollars of taxpayer money.
