Is it moral (in a normative sense, I suppose) to start a non-profit that does

Is it moral (in a normative sense, I suppose) to start a non-profit that does

Is it moral (in a normative sense, I suppose) to start a non-profit that does 'less good' than other non-profits? That is, if your non-profit would facilitate donations to pay for cleft palate surgery for children but could be helping to fight malaria (apparently one the most cost-effect ways to save lives), is that immoral? Isn't your non-profit taking potential donations away from this 'better' non-profit?

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