Wikipedia is spending almost twice as much in 2021 as in 2017, while page views only inched up a little bit [0]. Whatever they’re spending it on, it’s not going to keeping the site running or improving the quality of it by, say, actually paying quality editors. They’re certainly not strapped for cash like they pretend to be in their donation banners.

From a 2017 post:

> The modern Wikipedia hosts 11–12 times as many pages as it did in 2005,[20] but the WMF is spending 33 times as much on hosting,[21] has about 300 times as many employees, and is spending 1,250 times as much overall.

https://en.m.wikipedia.org/wiki/User:Guy_Macon/Wikipedia_has...

[0] https://stats.wikimedia.org/#/all-projects/reading/total-pag...

A quick web search will provide you with many examples of what some perceive as waste. This is widespread common knowledge along the lines of the ice cream machine at McDonald's frequently being broke so there's little reason for the poster to be obligated to provide examples of easily found common knowledge, even if you don't personally agree with the perception.