ANDERSON, DERRICK -- Republican Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Limited Individual Support
ANDERSON, DERRICK is a Republican candidate running for U.S. House of Representatives in Virginia, District 07 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 ANDERSON, DERRICK's 2024 campaign.
- Candidate Name: ANDERSON, DERRICK
- Party Affiliation: Republican
- Office Sought: U.S. House of Representatives
- State: Virginia
- District: 07
- Election Cycle: 2024
- FEC Candidate ID: H2VA07170
- Spending Rate: 98% of funds raised have been spent
AI Funding Analysis
ANDERSON, DERRICK has raised $3.4M for the 2024 House race in Virginia, with $3.4M spent and $56K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 15.8%. Primarily funded by PACs, with no individual contributions. High burn rate and negative cash position indicate financial strain. Grassroots fundraising is minimal, relying heavily on organizational contributions. Lacks a strong individual donor base, which could limit campaign sustainability.
Campaign Fundraising Summary
ANDERSON, DERRICK has raised $3.4M for their 2024 House campaign in Virginia. The campaign has spent $3.4M (98% of total raised) and currently holds $56K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $3.4M |
| Total Spent | $3.4M |
| Cash on Hand | $56K |
| Spending Rate | 98% |
With a spending rate of 98%, ANDERSON, DERRICK'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 ANDERSON, DERRICK'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 | $2.9M | 84% |
| PAC Contributions | $538K | 16% |
Individual & Other Contributions represent the largest funding category at $2.9M (84% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
ANDERSON, DERRICK's campaign is funded by individual contributions (0.0%, $0), PAC contributions (15.8%, $538K), and party committee transfers (0.0%, $0). Other sources account for $2.9M (84.2%).
Donor Patterns
ANDERSON, DERRICK's campaign relies heavily on PAC and organizational support, which accounts for 15.8% of total receipts. Key donor sectors include PACs, Organizations, Other. High percentage of funding from PACs (16%).
Spending Analysis
ANDERSON, DERRICK has spent $3.4M, which is 98.5% of total receipts. Cash on hand stands at $56K. Negative net cash position (-$3,299,361.33).
Competitiveness Assessment
ANDERSON, DERRICK's financial position is weak for a House race in Virginia. The campaign has raised $3.4M with $56K remaining. Minimal grassroots fundraising efforts.
Key Donors Analysis
PAC contributions total $538K. Key sectors and interest groups represented among donors include PACs, Organizations, Other. No party contributions received.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $538K |
| PACs | Sector | $0 |
| Organizations | Sector | $0 |
| Other | Sector | $0 |
Race Opponents: 2024 House Virginia District 07
The following candidates are competing in the same 2024 House race in Virginia, District 07 as ANDERSON, DERRICK.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| ANDERSON, DERRICK (current) | Republican | $3.4M | $3.4M |
| SPANBERGER, ABIGAIL | Democratic | $2.0M | $2.3M |
| BAILEY, ANDREA OLIVIA | Democratic | $373K | $373K |
| MARTIN, MARIA | Republican | $25K | $25K |
| BEDELL, CARL | Democratic | $86K | $86K |
| SACKS, JEFFREY | Republican | $57K | $57K |
| PRABHUDOSS, JOHN | Republican | $173K | $163K |
| GUZMAN, ELIZABETH | Democratic | $318K | $318K |
| HEINZER, CLIFFORD | Democratic | $68K | $68K |
| SEWELL, BRIANA | Democratic | $292K | $292K |
| FRANKLIN, MARGARET | Democratic | $316K | $316K |
| VINDMAN, YEVGENY 'EUGENE' | Democratic | $18.1M | $18.0M |
| TODD, TERRIS EUGENE | Republican | $30K | $17K |
| MYERS, JONATHON PAUL | Republican | $160K | $157K |
| HAMILTON, CAMERON | Republican | $793K | $792K |
ANDERSON, DERRICK has raised more than all opponents in this race. The fundraising advantage ratio is 1.7:1.
Other Candidates in Virginia
Top-raising federal candidates in Virginia during the 2024 election cycle.
- KAINE, TIMOTHY MICHAEL (DEM, Senate) -- $22.0M raised
- VINDMAN, YEVGENY 'EUGENE' (DEM, House) -- $18.1M raised
- CAO, HUNG (REP, Senate) -- $9.8M raised
- KIGGANS, JENNIFER (REP, House) -- $6.5M raised
- COTTER SMASAL, MISSY (DEM, House) -- $3.3M raised
Republican House Race in Virginia
ANDERSON, DERRICK is competing as a Republican candidate for U.S. House of Representatives in Virginia, District 07. 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 Virginia, visit the Virginia campaign finance page. You can also browse all Republican candidates or view all House races nationwide.
Frequently Asked Questions
How much has ANDERSON, DERRICK raised?
ANDERSON, DERRICK has raised a total of $3.4M for the 2024 election cycle. Of that, $3.4M has been spent, leaving $56K cash on hand. Individual contributions account for $0, PAC contributions for $538K, and party committee transfers for $0.
Where does ANDERSON, DERRICK's campaign money come from?
ANDERSON, DERRICK's campaign is funded by individual contributions (0.0%), PAC contributions (15.8%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has ANDERSON, DERRICK spent?
ANDERSON, DERRICK has spent $3.4M of $3.4M raised, which is 98.5% of total receipts. The campaign has $56K remaining cash on hand.
How much cash does ANDERSON, DERRICK have on hand?
ANDERSON, DERRICK currently has $56K in cash on hand. This represents the difference between $3.4M raised and $3.4M spent during the 2024 cycle.
How much PAC money has ANDERSON, DERRICK received?
ANDERSON, DERRICK has received $538K from political action committees, representing 15.8% of total campaign funds. PAC money is the largest funding source.
What party is ANDERSON, DERRICK affiliated with?
ANDERSON, DERRICK is running as a Republican candidate for House in Virginia. The campaign has raised $3.4M for the 2024 election cycle.
What is ANDERSON, DERRICK's campaign burn rate?
ANDERSON, DERRICK's campaign has a burn rate of 98%, having spent $3.4M of $3.4M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is ANDERSON, DERRICK financially competitive?
ANDERSON, DERRICK's financial position is weak for a House race. The campaign has raised $3.4M with $56K cash on hand. No individual contributions recorded.
What does ANDERSON, DERRICK's donor base reveal about their coalition?
ANDERSON, DERRICK's funding profile is PAC and organization-funded. High percentage of funding from PACs (16%).
What are the financial strengths and risks for ANDERSON, DERRICK's campaign?
Negative net cash position (-$3,299,361.33).
How does ANDERSON, DERRICK's fundraising compare to similar campaigns?
Minimal grassroots fundraising efforts.
What should voters know about ANDERSON, DERRICK's campaign finances?
No party contributions received.
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 ANDERSON, DERRICK: FEC.gov -- ANDERSON, DERRICK
Related Candidates and Resources
- Virginia Campaign Finance -- Explore all candidates running in Virginia
- 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 ANDERSON, DERRICK's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.