I unironically think this. In Hungary where I live, if you don't care about these things much but still want to contribute somewhat to society by charity, the first lines of contact will mostly be crooks that feed on goodwill. There will be beggars, organized into groups, charities that don't exist or have such an overhead that only a single percent goes to the actual cause, corporations that take your donation and then boast with the amount as if they were the ones giving it, and charities that are popular but are actually fronts for ideologies, or churches, and frauds like people collecting clothes for the poor, only to sell them abroad. These entities grind up a large amount of goodwill, while producing little or negative value for mankind. So yes - the altruism of the people donating to entities like this does fuck-all, while I imagine that if someone researches a bit, they will be more likely to give to entities that contribute more.

With that being said, I don't like the EA people either. But the concept is valid.