No, it is a poverty to decide that people must be in poverty so that you can put yourself on a pedestal as you wish.
Remember Agnes Bojaxhiu was not a friend of the poor, she was a friend of poverty. This quote from her Noble peace prize acceptance speech in particular makes my stomach turn.
"These are things that break peace, but I feel the greatest destroyer of peace today is abortion, because it is a direct war, a direct killing - direct murder by the mother herself. And we read in the Scripture, for God says very clearly: Even if a mother could forget her child - I will not forget you - I have carved you in the palm of my hand. We are carved in the palm of His hand, so close to Him that unborn child has been carved in the hand of God. And that is what strikes me most, the beginning of that sentence, that even if a mother could forget something impossible - but even if she could forget - I will not forget you. And today the greatest means - the greatest destroyer of peace is abortion.”