by Penny Starr January 3, 2012 CNSNews.com

According to its latest annual report, the Planned Parenthood Federation of America (PPFA) received $487.4 million in tax dollars over a twelve-month period and performed 329,455 abortions.

Planned Parenthood Federation of America President Cecile Richards and President Barack Obama. (AP Photo)

In addition, the number of adoption referrals made by the organization continued to decline.

The latest annual report covers the period from July 1, 2009 to June 30, 2010, the PPFA’s fiscal year. The report states that the organization received “government health services grants and reimbursements” totaling $487.4 million.

Previous Planned Parenthood annual reports showed total funding from “government grants and contracts” (which were $363.2 million in 2009), while this year’s report also accounts for payments from Medicaid managed care plans among the payments the group receives from government .

When compared with previous annual reports, the latest one shows an almost steady increase in the number of abortions performed at its clinics: In 2006, Planned Parenthood did 289,750 abortions; in 2007, it did 305,310; in 2009, it did 331,796; and, in 2010, it did 329,445--a small decrease from the previous year.

(AP Image)

The annual report for fiscal year 2008-2009 does not include abortion or adoption figures, but a PPFA Fact Sheet posted on its Web site and said to be current as of September 2010, states that 324,008 abortions were performed at Planned Parenthood clinics around the country in 2008.

According to PPFA’s annual report for fiscal year 2007-2008, in 2007 Planned Parenthood’s “adoption referrals to other agencies” totaled 4,912. In Fiscal Year 2010 that number was 841, a decrease of 82.8 percent.

The PPFA Fact Sheet states that adoption is included in 1 percent of services in 2008 (primary care and “other services” are included in that 1 percent), or 2,405 adoption referrals.

The latest annual report claims that abortion services make up 3 percent of “medical services,” but PPFA states it served 3 million people and performed 329,445 abortions – numbers that show 11 percent of customers received an abortion.

The Fiscal Year 2009-2010 annual report also shows that PPFA’s net assets as of June 30, 2010 topped $1 billion, specifically $1,009,600,000.00.

Planned Parenthood supporters at a rally in Philadelphia, Pa. (AP photo/Matt Rourke)

Marjorie Dannenfelser, president of the Susan B. Anthony List, a pro-life organization that lobbies Congress to defund Planned Parenthood, called the organization an “abortion giant.”

“With over a billion in net assets and a business model centered on abortion and government subsidies, it is time for Planned Parenthood to end its reliance on taxpayer dollars,” Dannenfelser said in a statement. “Despite an unprecedented effort by statewide and federal leaders to defund them, a wave of former employees willing to testify against them, and uniform agreement amongst Republican presidential candidates that they should be defunded, Planned Parenthood continues full-steam ahead.”

“They are unwilling to answer to the pro-life American majority that wants out of this business,” Dannenfelser said.

As reported earlier by CNSNews.com, a spokesperson with Planned Parenthood told Bloomberg’s Businessweek last year that 90 percent of government funding the organization gets is from the federal government or from Medicaid.

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