RNC Rakes in $25.2 Million in First Quarter of 2014

Posted: Apr 09, 2014 8:15 AM
RNC Rakes in $25.2 Million in First Quarter of 2014

Headed into election 2014, things at the RNC are looking pretty good.

According to new number just released, the RNC raised $25.2 million in the first quarter, bringing the total raised for the 2014 cycle to $105.9 million with $12.3 million in cash-on-hand. The RNC has no debt. More on the numbers:

Total raised in March 2014: $10.2 million
Total raised in Q1 2014: $25.2 million
Total raised for 2014 cycle: $105.9 million
Total cash on hand: $12.3 million
Percentage of donations $200 and under in March: 99 percent
Average donation in March: $52
Total Debt: $0

“We’re so grateful to our donors and supporters who have made this a very successful quarter for us. Thanks to their generosity, we’re able to engage year-round with voters on a community level, and we’re able to make unprecedented investments in developing the best technology for our candidates and volunteers. After the Republican success in the Florida-13 special election, we received an outpouring of support from people who want to help us continue the work we’re doing all across the country. In that race, the RNC was able to provide support—in the form of data, tools, and staff—to the NRCC, state party, and the campaign. As a result, people have stepped up to ensure we’ll have the resources to replicate that success in 2014 races at all levels," RNC Chairman Reince Priebus said in a statement. “The momentum is on the Republican side because Republicans are on the side of the American people. Voters are frustrated with ObamaCare and angry about the Democrat politicians who lied to them about it. They’re worried about job security and their paychecks, and Republicans are the only ones offering solutions. Unlike the DNC, we’re on a strong financial footing, so we will have the resources to connect with voters—especially voters who haven’t heard from us in a long time—to share a solutions-based message and to listen to their concerns as we head toward November.”

Currently, the DNC is $15 million in debt with less than $7 million cash-on-hand. The 2014 midterm elections are just seven months away.