“Isn’t it ironic: due to millions in funding cuts, New Hampshire Planned Parenthood eliminates birth control, cancer screenings… but not abortion”-Live Action People are very upset that Planned Parenthood keeps getting defunded because of all the ways they help low-income women with birth control and cancer screenings. However, Planned Parenthood cut the potentially helpful things but kept its abortion business running strong. They’re all about abortion and that’s all they’ve ever been about. Why cut the thing that brings in all the money, right?
I wonder if it’s because abortions have always been privately funded, so cutting government funding wouldn’t affect that? I wonder if it’s because people who need abortions are in a bit of a more desperate situation than those who need contraception? Perhaps it’s because in 2008, there were 11 abortion providers serving over 658,000 female-identified persons? Maybe it’s because there are 6 Planned Parenthood locations in New Hampshire, but only three of them provide abortions, and one only provides medication abortions?
It could be that Planned Parenthood is a non-profit organization, meaning all the “profit,” or excess revenue they take in goes directly back into services.
"Bottom line: a nonprofit’s surplus should not be confused with profit," [faculty director of the Hauser Center for Nonprofit Organizations at Harvard University Christopher] Stone wrote in an e-mail. "Profits are generated by businesses to reward investors. Businesses also use profits to provide additional compensation (bonuses tied to profits) for employees who help generate the profits for investors. Because nonprofits may not use their surpluses for either of these purposes, these surpluses should not be confused with profits. All surpluses must be devoted to the charitable purposes of the organization."
And Gazley wrote: “But more to the point, the ‘taxpayer’-funded portions of the Planned Parenthood affiliates’ budgets are either program grants or reimbursements for services eligible for Medicaid. So the government-funded parts of the (Planned Parenthood) budget would NOT be generating a ‘profit’ – they would be used in full each year. This means any excess of revenues over expenses (AKA ‘profit’) would have come from other sources – private donations, endowment income, etc. So Ms. Dannenfelser’s argument that the taxpayers are somehow subsidizing this ‘profit’ is misleading.”
Politifact Florida: Abortion opponents claim Planned Parenthood had $300 million “profit”