Planned Parenthood’s financial profits are on the decline, according to the group’s latest annual report, which showed the group is seeing fewer patients seeking fewer services. While profits and private contributions are waning, government assistance rose by $25.3 million in the past year.
“This was definitely a bad year for Planned Parenthood as a business,” Jamie Hall, a senior policy analyst in the Center for Data Analysis at The Heritage Foundation told The Daily Signal. “They lost a significant share of their patients, provided fewer actual medical services, spent far more money on other things, made less profit, and became even more dependent on government funding.”
Abortions conducted by the group also dropped from 327,653 in 2014 to 323,999 in 2015.
Planned Parenthood released its 2014-15 annual report in late December. Upon its release, Hall compared its numbers to those of the previous year.