I ran the Minnesota CAC Event. I put a lot of time and some money into the event. I received a challenge coin (in the interest of total transparency).
If the goal is to provide funding to Cancer research and treatment, how to you measure "success"? ACA's administrative overhead is 6%. Not 40% as you imply. The majority of their overhead is on further fundraising, not administrative overhead. Overall they put 60% (or close) towards program spending. Which was over $500 million in FY2014. That fundraising overhead may be worth the overhead if it generates more overall program spending.
It seems like you think the cancer charity is a zero sum situation. I don't think that's going to be true. ACS spends money on fundraising because it generates significant revenue for cancer research, with some overhead.
A competent CEO costs money. A fundraising program costs money. A web site costs money. Processing grants costs money. Auditing programs costs monty. Employing people costs money. Other charities do this with less overhead, but usually with a lot less overall program spending as well. Please, if I'm missing some comparable cancer benefiting charity that has minimal overhead, identify it.
We raised a bit over $3,000 in Minnesota. Or 0.000838% of the ACS donations for FY2014. I'm 100% comfortable with $1800 of what we generated going towards Programs and $1050 going towards further fundraising and $150 going towards administrative overhead.
I'm not explaining you because why would you listen to me anyway. I am telling to go to Charity Navigator, they provide the financial data on charities. As you said, they put 60% towards the charity program, this is identical to what Charity Navigator said. There are other charities you'll find there, some also big like ACS, which, for example, give 80% to the charity program. as I said in this thread, their CEO is paid 300k-500k. if you think 2.2 million dollars is an OK salary for a charity when other very successfull charity CEOs do it for 1/4 of that, then I bow to you, as you managed to remain trusting and naive in a world of corporate greed and you don't think for a minute that maybe that CEO was spending more overhead on publicizing their charity at the expense of other charities who put more money towards the charity program and less towards branding and ads, for the sole reason of racking up more money and increasing his own salary.
PS: I can't edit the title.