Indiana Campaign Finance Overview
Indiana ranks 21th among all U.S. states and territories in total federal campaign fundraising for the 2024 election cycle. Federal candidates from Indiana raised a combined $53.4M and spent $52.2M during this period. The state is home to 58 federal candidates who filed with the Federal Election Commission.
Individual donors from Indiana ZIP codes contributed $108.9M across 724 ZIP codes tracked in FEC filings, making the state a significant source of political contributions nationwide.
Party Breakdown in Indiana
| Party | Candidates | Total Raised | Share |
|---|---|---|---|
| Democrats | 17 | $5.5M | 10.2% |
| Republicans | 40 | $47.9M | 89.8% |
Republican candidates in Indiana outraised their Democratic counterparts by $42.5M, reflecting the state's fundraising dynamics in the 2024 cycle.
Office Breakdown: Senate vs House
| Office | Candidates | Total Raised |
|---|---|---|
| Senate | 7 | $13.3M |
| House | 51 | $40.1M |
Top 10 Fundraising Candidates in Indiana
| Rank | Candidate | Party | Office | Total Raised |
|---|---|---|---|---|
| 1 | Banks, James E. Hon. | REP | Senate | $7.3M |
| 2 | Shreve, Jefferson | REP | House | $6.2M |
| 3 | Goodrich, Charles | REP | House | $5.5M |
| 4 | Yakym, Rudy C. Iii | REP | House | $3.7M |
| 5 | Mrvan, Frank J. | DEM | House | $3.2M |
| 6 | Rust, John | REP | Senate | $3.0M |
| 7 | Braun, Mike | REP | Senate | $2.6M |
| 8 | Mahant, Siddharth | REP | House | $2.1M |
| 9 | Spartz, Victoria | REP | House | $2.0M |
| 10 | Houchin, Erin | REP | House | $1.7M |
Top Donor ZIP Codes in Indiana
| ZIP Code | City | Total Donated |
|---|---|---|
| 46032 | Carmel | $29.1M |
| 47274 | Seymour | $2.9M |
| 46260 | Indianapolis | $2.4M |
| 47401 | Bloomington | $1.9M |
| 46285 | Indianapolis | $1.7M |
| 46804 | Fort Wayne | $1.7M |
| 46240 | Indianapolis | $1.6M |
| 46077 | Zionsville | $1.6M |
| 46204 | Indianapolis | $1.4M |
| 46268 | Indianapolis | $1.4M |
The wealthiest donor ZIP code in Indiana is 46032 in Carmel, where individual donors contributed $29.1M to federal campaigns.
Fundraising vs Spending
Across all federal candidates in Indiana, total spending reached $52.2M against $53.4M raised, representing a 98% burn rate. Candidates in this state retained a portion of their fundraising for future use or reserves.
Frequently Asked Questions
How much money was raised by federal candidates in Indiana in 2024?
Federal candidates from Indiana raised a combined $53.4M during the 2024 election cycle, ranking the state 21th out of all U.S. states and territories. This includes 17 Democratic and 40 Republican candidates who filed with the FEC.
Which candidate raised the most money in Indiana?
The top fundraiser in Indiana was Banks, James E. Hon., who raised $7.3M running for Senate as a REP candidate.
What ZIP code in Indiana donates the most to political campaigns?
ZIP code 46032 in Carmel, Indiana is the top-donating ZIP code with $29.1M in individual contributions to federal campaigns.
Do Democrats or Republicans raise more money in Indiana?
Republicans outraise Democrats in Indiana, with Republican candidates collecting $47.9M (89.8%) compared to $5.5M (10.2%) for Democrats.
Methodology
All data is sourced from Federal Election Commission filings for the 2024 election cycle. Candidate totals reflect money raised and spent as reported in official FEC filings. Donor ZIP code totals are based on itemized individual contribution records where the donor's residence is in Indiana. Party classifications reflect the candidate's FEC filing designation.