PRESCOTT, RUSSELL -- Republican Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Heavy Spending
PRESCOTT, RUSSELL is a Republican candidate running for U.S. House of Representatives in New Hampshire, District 01 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 PRESCOTT, RUSSELL's 2024 campaign.
- Candidate Name: PRESCOTT, RUSSELL
- Party Affiliation: Republican
- Office Sought: U.S. House of Representatives
- State: New Hampshire
- District: 01
- Election Cycle: 2024
- FEC Candidate ID: H2NH01304
- Spending Rate: 87% of funds raised have been spent
AI Funding Analysis
PRESCOTT, RUSSELL has raised $1.5M for the 2024 House race in New Hampshire, with $1.3M spent and $200K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 6.3%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. Strong burn rate, suggesting aggressive spending. Net negative cash position, indicating heavy spending.
Campaign Fundraising Summary
PRESCOTT, RUSSELL has raised $1.5M for their 2024 House campaign in New Hampshire. The campaign has spent $1.3M (87% of total raised) and currently holds $200K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $1.5M |
| Total Spent | $1.3M |
| Cash on Hand | $200K |
| Spending Rate | 87% |
PRESCOTT, RUSSELL's campaign has spent 87% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $200K in cash on hand provides flexibility for future spending.
Funding Sources Breakdown
The following table breaks down where PRESCOTT, RUSSELL's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.
| Source | Amount | % of Total |
|---|---|---|
| Individual & Other Contributions | $1.4M | 94% |
| PAC Contributions | $95K | 6% |
Individual & Other Contributions represent the largest funding category at $1.4M (94% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
PRESCOTT, RUSSELL's campaign is funded by individual contributions (0.0%, $0), PAC contributions (6.3%, $95K), and party committee transfers (0.0%, $0). Other sources account for $1.4M (93.7%).
Donor Patterns
PRESCOTT, RUSSELL's campaign relies heavily on PAC and organizational support, which accounts for 6.3% of total receipts. Key donor sectors include PACs, Other sources, No individual contributions. High burn rate of 87%, indicating rapid spending.
Spending Analysis
PRESCOTT, RUSSELL has spent $1.3M, which is 86.8% of total receipts. Cash on hand stands at $200K. Net negative cash position of -1,106,538.45, showing significant financial strain.
Competitiveness Assessment
PRESCOTT, RUSSELL's financial position is strong for a House race in New Hampshire. The campaign has raised $1.5M with $200K remaining. Primarily funded by PACs and other sources, with no party contributions.
Key Donors Analysis
PAC contributions total $95K. Key sectors and interest groups represented among donors include PACs, Other sources, No individual contributions. Grassroots signal indicates PAC/org-reliant fundraising strategy.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $95K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| No individual contributions | Sector | $0 |
Race Opponents: 2024 House New Hampshire District 01
The following candidates are competing in the same 2024 House race in New Hampshire, District 01 as PRESCOTT, RUSSELL.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| PRESCOTT, RUSSELL (current) | Republican | $1.5M | $1.3M |
| PAPPAS, CHRIS | Democratic | $4.1M | $3.8M |
| LEVASSEUR, JOSEPH | Republican | $142K | $18K |
| MCFARLANE, WALTER JAMES III | Republican | $334K | $332K |
| BRIGHT, CHRIS | Republican | $294K | $292K |
| NOVELETSKY, HOLLIE T. | Republican | $521K | $519K |
PRESCOTT, RUSSELL has raised less than all opponents in this race. The fundraising advantage ratio is 0.4:1.
Other Candidates in New Hampshire
Top-raising federal candidates in New Hampshire during the 2024 election cycle.
- GOODLANDER, MAGGIE (DEM, House) -- $4.4M raised
- PAPPAS, CHRIS (DEM, House) -- $4.1M raised
- KUSTER, ANN MCLANE (DEM, House) -- $1.7M raised
- VAN OSTERN, KEVIN COLIN (DEM, House) -- $1.6M raised
- WILLIAMS, LILY TANG (REP, House) -- $882K raised
Republican House Race in New Hampshire
PRESCOTT, RUSSELL is competing as a Republican candidate for U.S. House of Representatives in New Hampshire, District 01. 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 New Hampshire, visit the New Hampshire campaign finance page. You can also browse all Republican candidates or view all House races nationwide.
Frequently Asked Questions
How much has PRESCOTT, RUSSELL raised?
PRESCOTT, RUSSELL has raised a total of $1.5M for the 2024 election cycle. Of that, $1.3M has been spent, leaving $200K cash on hand. Individual contributions account for $0, PAC contributions for $95K, and party committee transfers for $0.
Where does PRESCOTT, RUSSELL's campaign money come from?
PRESCOTT, RUSSELL's campaign is funded by individual contributions (0.0%), PAC contributions (6.3%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has PRESCOTT, RUSSELL spent?
PRESCOTT, RUSSELL has spent $1.3M of $1.5M raised, which is 86.8% of total receipts. The campaign has $200K remaining cash on hand.
How much cash does PRESCOTT, RUSSELL have on hand?
PRESCOTT, RUSSELL currently has $200K in cash on hand. This represents the difference between $1.5M raised and $1.3M spent during the 2024 cycle.
How much PAC money has PRESCOTT, RUSSELL received?
PRESCOTT, RUSSELL has received $95K from political action committees, representing 6.3% of total campaign funds. PAC money is the largest funding source.
What party is PRESCOTT, RUSSELL affiliated with?
PRESCOTT, RUSSELL is running as a Republican candidate for House in New Hampshire. The campaign has raised $1.5M for the 2024 election cycle.
What is PRESCOTT, RUSSELL's campaign burn rate?
PRESCOTT, RUSSELL's campaign has a burn rate of 87%, having spent $1.3M of $1.5M raised. The campaign maintains a moderate spending pace.
Is PRESCOTT, RUSSELL financially competitive?
PRESCOTT, RUSSELL's financial position is strong for a House race. The campaign has raised $1.5M with $200K cash on hand. No individual contributions, relying solely on PACs and other sources.
What does PRESCOTT, RUSSELL's donor base reveal about their coalition?
PRESCOTT, RUSSELL's funding profile is PAC and organization-funded. High burn rate of 87%, indicating rapid spending.
What are the financial strengths and risks for PRESCOTT, RUSSELL's campaign?
Net negative cash position of -1,106,538.45, showing significant financial strain.
How does PRESCOTT, RUSSELL's fundraising compare to similar campaigns?
Primarily funded by PACs and other sources, with no party contributions.
What should voters know about PRESCOTT, RUSSELL's campaign finances?
Grassroots signal indicates PAC/org-reliant fundraising strategy.
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 PRESCOTT, RUSSELL: FEC.gov -- PRESCOTT, RUSSELL
Related Candidates and Resources
- New Hampshire Campaign Finance -- Explore all candidates running in New Hampshire
- Republican Candidates -- View all Republican 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 PRESCOTT, RUSSELL's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.