Kamala Harris (D) leads presidential field in fundraising

As of July 31, 2024, the end of the most recent presidential campaign finance filing period, Vice President Kamala Harris (D) led the field of noteworthy candidates in fundraising with $501 million in cumulative receipts, followed by former President Donald Trump (R) with $269 million, Robert F. Kennedy Jr. (I) with $58 million, Jill Stein (G) with $2 million, and Chase Oliver (L) with $268,981.

Following President Joe Biden’s (D) withdrawal from the presidential race on July 21, 2024, Harris took over the Biden-Harris principal campaign committee. Looking at funds raised from July 1 to July 31, 2024, Harris raised $204 million, Trump raised $48 million, Kennedy raised $6 million, Stein raised $310,068, and Oliver raised $73,536.

Harris also leads in cash on hand with $220 million and in cumulative spending with $281 million in disbursements. She is followed by Trump with $117 million in disbursements and $151 million cash on hand, Kennedy with $54 million in disbursements and $4 million cash on hand, Stein with $1 million in disbursements and $98,695 cash on hand, and Oliver with $230,283 in disbursements and $38,698 cash on hand.

Adjusting for inflation, Harris’ 2024 cumulative fundraising ($501 million) is higher than Joe Biden’s (D) fundraising at this point in the 2020 cycle ($355 million) and Hillary Clinton’s (D) fundraising at this point in the 2016 cycle ($373 million).

Trump’s 2024 cumulative fundraising as of July 31 ($269 million) is lower than his cumulative fundraising at this point in 2020 ($448 million), and higher than his cumulative fundraising at this point in 2016 ($146 million).

Looking at each major party presidential candidate since 2008, former President Barack Obama’s (D) 2008 presidential campaign had the highest fundraising at this point in the cycle, at $551 million adjusting for inflation. Trump’s 2016 fundraising was the lowest at this point in the cycle for any major party presidential candidate in this time period.