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Does Wikipedia really need my donations?
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I get that, I really do, and I honestly believe you have exactly the right idea.
But on the other hand, you have to realize that not all of the money purely goes to enabling knowledge sharing with Wikimedia. This is not an election, it's a company, non-profit or for-profit doesn't really matter. There are still people paying off business expenses from your donations.
I fully understand the necessity of this, but you might just feel better if your $5 literally bought someone a meal or if it paid for a fraction of a business flight to promote Wikimedia.
Totally agree, the right to choose how best to spend your own charitable donations isn't something I'd ever infringe on.