HOYER, STENY -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Negative Cash Position
HOYER, STENY is a Democratic candidate running for U.S. House of Representatives in Maryland, District 05 during the 2024 election cycle. This page provides a comprehensive campaign finance profile based on official FEC filings, including fundraising totals, spending analysis, and funding source breakdowns.
Candidate Profile
The following profile is based on Federal Election Commission (FEC) records for HOYER, STENY's 2024 campaign.
- Candidate Name: HOYER, STENY
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: Maryland
- District: 05
- Election Cycle: 2024
- FEC Candidate ID: H2MD05155
- Spending Rate: 106% of funds raised have been spent
AI Funding Analysis
HOYER, STENY has raised $1.8M for the 2024 House race in Maryland, with $1.9M spent and $624K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 59.1%. Primarily PAC/org-funded with no individual contributions. Significant reliance on PACs, indicating a grassroots funding strategy is lacking. Net negative cash position, indicating spending outpaces fundraising. Burn rate of 106% suggests unsustainable spending pace.
Campaign Fundraising Summary
HOYER, STENY has raised $1.8M for their 2024 House campaign in Maryland. The campaign has spent $1.9M (106% of total raised) and currently holds $624K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $1.8M |
| Total Spent | $1.9M |
| Cash on Hand | $624K |
| Spending Rate | 106% |
With a spending rate of 106%, HOYER, STENY's campaign has deployed nearly all of its raised funds. This high burn rate is typical of competitive races where candidates invest heavily in advertising, staffing, and voter outreach.
Funding Sources Breakdown
The following table breaks down where HOYER, STENY's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| PAC Contributions | $1.0M | 59% |
| Other Sources | $719K | 41% |
PAC Contributions represent the largest funding category at $1.0M (59% of total raised). Significant PAC funding indicates support from organized interest groups, industry associations, and political action committees that align with the candidate's policy positions.
AI Funding Analysis
HOYER, STENY's campaign is funded by individual contributions (0.0%, $0), PAC contributions (59.1%, $1.0M), and party committee transfers (0.0%, $0). Other sources account for $719K (40.9%).
Donor Patterns
HOYER, STENY's campaign relies heavily on PAC and organizational support, which accounts for 59.1% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. High PAC funding (59%) with no party contributions.
Spending Analysis
HOYER, STENY has spent $1.9M, which is 105.9% of total receipts. The campaign maintains a healthy cash reserve of $624K. Net negative cash position of $1,236,445.23.
Competitiveness Assessment
HOYER, STENY's financial position is weak for a House race in Maryland. The campaign has raised $1.8M with $624K remaining. Burn rate of 106% indicates unsustainable spending.
Key Donors Analysis
PAC contributions total $1.0M. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. Grassroots funding is minimal or non-existent.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $1.0M |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 House Maryland District 05
The following candidates are competing in the same 2024 House race in Maryland, District 05 as HOYER, STENY.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| HOYER, STENY (current) | Democratic | $1.8M | $1.9M |
| BAREEBE, QUINCY | Democratic | $271K | $271K |
| TALKINGTON, MICHELLE | Republican | $22K | $19K |
| CROOMS, ANDREA LYNN | Democratic | $99K | $101K |
| WILKES, MCKAYLA | Democratic | $8K | $3K |
HOYER, STENY has raised more than all opponents in this race. The fundraising advantage ratio is 6.5:1.
Other Candidates in Maryland
Top-raising federal candidates in Maryland during the 2024 election cycle.
- TRONE, DAVID (DEM, Senate) -- $63.8M raised
- ALSOBROOKS, ANGELA (DEM, Senate) -- $31.1M raised
- HOGAN, LARRY (REP, Senate) -- $12.2M raised
- DELANEY, APRIL MCCLAIN (DEM, House) -- $5.9M raised
- RASKIN, JAMIE (DEM, House) -- $4.8M raised
Democratic House Race in Maryland
HOYER, STENY is competing as a Democratic candidate for U.S. House of Representatives in Maryland, District 05. U.S. House races are held every two years, with each of the 435 House districts electing one representative. House campaigns vary dramatically in cost depending on the competitiveness and media market of the district.
To explore other candidates running in Maryland, visit the Maryland campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has HOYER, STENY raised?
HOYER, STENY has raised a total of $1.8M for the 2024 election cycle. Of that, $1.9M has been spent, leaving $624K cash on hand. Individual contributions account for $0, PAC contributions for $1.0M, and party committee transfers for $0.
Where does HOYER, STENY's campaign money come from?
HOYER, STENY's campaign is funded by individual contributions (0.0%), PAC contributions (59.1%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has HOYER, STENY spent?
HOYER, STENY has spent $1.9M of $1.8M raised, which is 105.9% of total receipts. The campaign has $624K remaining cash on hand.
How much cash does HOYER, STENY have on hand?
HOYER, STENY currently has $624K in cash on hand. This represents the difference between $1.8M raised and $1.9M spent during the 2024 cycle.
How much PAC money has HOYER, STENY received?
HOYER, STENY has received $1.0M from political action committees, representing 59.1% of total campaign funds. PAC money is the largest funding source.
What party is HOYER, STENY affiliated with?
HOYER, STENY is running as a Democratic candidate for House in Maryland. The campaign has raised $1.8M for the 2024 election cycle.
What is HOYER, STENY's campaign burn rate?
HOYER, STENY's campaign has a burn rate of 106%, having spent $1.9M of $1.8M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is HOYER, STENY financially competitive?
HOYER, STENY's financial position is weak for a House race. The campaign has raised $1.8M with $624K cash on hand. No individual contributions, relying entirely on PACs and other sources.
What does HOYER, STENY's donor base reveal about their coalition?
HOYER, STENY's funding profile is PAC and organization-funded. High PAC funding (59%) with no party contributions.
What are the financial strengths and risks for HOYER, STENY's campaign?
Net negative cash position of $1,236,445.23.
How does HOYER, STENY's fundraising compare to similar campaigns?
Burn rate of 106% indicates unsustainable spending.
What should voters know about HOYER, STENY's campaign finances?
Grassroots funding is minimal or non-existent.
Understanding Campaign Finance Data
Campaign finance data in the United States is regulated by the Federal Election Commission (FEC). All federal candidates -- including those running for President, U.S. Senate, and U.S. House of Representatives -- are required to file periodic financial reports disclosing their campaign contributions and expenditures.
Key terms used in campaign finance reporting include:
- Total Raised (Receipts): The total amount of money received by the campaign from all sources, including individual donors, PACs, party committees, and candidate self-funding.
- Total Spent (Disbursements): The total amount of money the campaign has spent on operations, advertising, payroll, travel, and other campaign activities.
- Cash on Hand: The amount of money remaining in the campaign's accounts after subtracting expenditures from receipts. This represents available resources for future spending.
- Individual Contributions: Donations from individual citizens, subject to contribution limits set by FEC regulations.
- PAC Contributions: Donations from Political Action Committees, which pool contributions from members to support candidates who share their policy interests.
- Party Contributions: Funds provided by national, state, or local party committees to support their party's candidates.
- Candidate Self-Funding: Personal funds contributed or loaned to the campaign by the candidate themselves. Self-funding is not subject to the same contribution limits as outside donations.
All data shown on ReadTheDonation is sourced from official FEC public records. Campaign finance disclosure is a cornerstone of American democratic transparency, allowing voters to understand who is funding political campaigns and how that money is being spent.
Official Source
View the full FEC filing for HOYER, STENY: FEC.gov -- HOYER, STENY
Related Candidates and Resources
- Maryland Campaign Finance -- Explore all candidates running in Maryland
- Democratic Candidates -- View all Democratic candidates and their fundraising
- House Races -- Browse all House campaigns nationwide
- Top Donors -- See the largest campaign donors across all candidates
- Search Candidates -- Search for any federal candidate or committee
- FEC Official Filing -- Verify HOYER, STENY's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.