In February 2024, Reproductive Health and Freedom Watch (RHFW) released its first analysis of the unregulated pregnancy clinic (UPC) industry’s finances. Since then, RHFW’s monitoring of the UPC industry has expanded its dataset, revealing FY 2022 Forms 990 – annual financial reports that non-profit organizations are required to submit to the Internal Revenue Service – for 1,665 UPCs reporting $1.7 billion in annual revenue. RHFW offers this updated financial overview and recommendations to enhance UPC industry accountability, as this industry vies for ever-increasing taxpayer dollars.