I'd like to be able to say it's x%, but it's much more complicated than that. The CRA has come out with fundraising guidelines. They may look at anything over 35%. There are all kinds of qualifications that even they recognize around that. It's just simply the maturity, the size, and the appeal of the cause of an organization. Two organizations could do exactly the same fundraising event. One would be a children's hospital, and one might be for the Elizabeth Fry Society or the John Howard Society. You are going to have a much lower cost of fundraising because your revenues are going to be higher for the children's hospital than they will be for the other ones.
I believe the fundraising activities of charitable organizations are really their R and D, their research and development. It does cost money to raise money.