I don't have an answer to that, but would just point out that even though it's sometimes assumed that charities can deliver programs more efficiently than government, that's not always the case, precisely because of the costs of fundraising. That is a big cost. It depends, and it varies a lot. It's really hard to give any one answer about that. It is an issue that should be considered.
On May 3rd, 2012. See this statement in context.