Fact Sheet: Planned Parenthood’s 2019-20 Annual Report

Charlotte Lozier Institute  

See Fact Sheet: Planned Parenthood’s 2019-20 Annual Report as a PDF [1]

 

Planned Parenthood’s Financials

  • In its 2019-20 annual report, Planned Parenthood reported $1.6 billion in income[2] and over $2.0 billion in net assets[3] — an increase from the previous report.
    • $510 million came from private contributions, down 14% from the previous report.[4]
    • Taxpayer funding in the form of government grants, contracts, and Medicaid reimbursements hit $618.1 million, or almost $1.7 million per day[5]– an annual increase of $1.3 million from the previous year to make up 38% of Planned Parenthood’s overall revenue.[6]
    • Planned Parenthood’s taxpayer funding has increased by nearly 27% since 2010.[7]
    • However, taxpayer funding is reported by Planned Parenthood’s affiliates, whose information lags behind the national office and covers fiscal years ending in 2019.[8] In mid-2019, Planned Parenthood chose to leave the taxpayer-funded Title X program rather than stop performing abortions,[9] so taxpayer funding may be lower in next year’s report.
    • Planned Parenthood’s excess of total revenue over total expenses is $69.7 million.[10] Last year Planned Parenthood reported an excess of total revenue over total expenses of $110.5 million.[11]

 

Abortions and Non-abortion Services: Change from Last Year and Long-term Trends

  • Planned Parenthood’s service data lags behind the rest of the information in the report – the 2019-20 report contains information on services provided in 2018-2019.
  • Planned Parenthood performed 354,871 abortions[12] in 2018-19 – an increase of nearly 9,200 from the previous year – and over 3.3 million abortions[13] over the past 10 reports.
  • The number of patients (2.4 million)[14] remained constant from the previous report, while the number of abortions increased.
  • In 2018-19, abortions made up 96.4% of Planned Parenthood’s pregnancy resolution services, while prenatal services, miscarriage care, and adoption referrals accounted for only 2.3% (8,626), 0.6% (2,110) and 0.7% (2,667), respectively.[15]
  • For every adoption referral in 2018-19, Planned Parenthood performed 133 abortions.[16] Over the past 10 annual reports, the ratio was approximately 129 abortions for every adoption referral.[17]
  • According to data from Planned Parenthood’s own annual reports[18], since 2010:
    • Total services are down 5.7%.
    • With changing practice guidelines,[19] total cancer screening and prevention services have dropped by 63%, including declines of 64% for breast exams and almost 65% for pap tests.
    • Prenatal services are down 79% from their peak in 2009.
    • Contraceptive services are down 30%.
    • Unique patients have dropped by 600,000 – a 20% decline.

 

[1] Planned Parenthood 2019-20 Annual Report, https://www.plannedparenthood.org/uploads/filer_public/67/30/67305ea1-8da2-4cee-9191-19228c1d6f70/210219-annual-report-2019-2020-web-final.pdf

[2] Planned Parenthood 2019-20 Annual Report, p. 38.

[3] Planned Parenthood 2019-20 Annual Report, p. 36.

[4] Planned Parenthood 2018-19 Annual Report, p. 27.

[5] Planned Parenthood 2019-20 Annual Report, p. 38.

[6] Ibid.

[7] Planned Parenthood annual reports, 2009-10 and 2019-20.

[8] Planned Parenthood 2019-20 Annual Report, p. 39.

[9] See https://www.sba-list.org/newsroom/press-releases/planned-parenthood-doubles-down-on-abortion-drops-out-title-x-program

[10] Planned Parenthood 2019-20 Annual Report, p. 38. See Total Revenue of $1641.4 million and Total Expenses of $1571.7 million.

[11] Planned Parenthood 2018-19 Annual Report, p. 27-28. See Total Revenue of $1638.6 million and Total Expenses of $1528.1 million.

[12] Planned Parenthood 2019-20 Annual Report, p. 35.

[13] Planned Parenthood annual reports, 2010 through 2019-20

[14] Planned Parenthood 2019-20 Annual Report, p. 35.

[15] Planned Parenthood 2019-20 Annual Report, p. 35.

[16] Planned Parenthood 2019-20 Annual Report, p. 35.

[17] Planned Parenthood annual reports, 2010 through 2019-20

[18] Ibid.

[19] See, e.g., “New Mammography Screening Guidelines,” Harvard Health Publishing, Harvard Medical School (viewed January 21, 2019, at https://www.health.harvard.edu/healthbeat/new-mammography-screening-guideline).

 | 

Sign up to receive email updates from the Charlotte Lozier Institute.