HOVEY, MEGHANN K -- Democratic Candidate for U.S. House of Representatives
Meghann Hovey's Fundraising Struggles
HOVEY, MEGHANN K is a Democratic candidate running for U.S. House of Representatives in Florida, District 02 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 HOVEY, MEGHANN K's 2024 campaign.
- Candidate Name: HOVEY, MEGHANN K
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: Florida
- District: 02
- Election Cycle: 2024
- FEC Candidate ID: H4FL02120
- Spending Rate: 108% of funds raised have been spent
AI Funding Analysis
HOVEY, MEGHANN K has raised $10K for the 2024 House race in Florida, with $10K spent and $740 cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 0.0%. Primarily relies on other sources for funding. Has a negative cash position and high burn rate. No individual, PAC, or party contributions. Facing financial challenges with low cash on hand.
Campaign Fundraising Summary
HOVEY, MEGHANN K has raised $10K for their 2024 House campaign in Florida. The campaign has spent $10K (108% of total raised) and currently holds $740 in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $10K |
| Total Spent | $10K |
| Cash on Hand | $740 |
| Spending Rate | 108% |
With a spending rate of 108%, HOVEY, MEGHANN K'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 HOVEY, MEGHANN K'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 | $10K | 100% |
Individual & Other Contributions represent the largest funding category at $10K (100% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
HOVEY, MEGHANN K's campaign is funded by individual contributions (0.0%, $0), PAC contributions (0.0%, $0), and party committee transfers (0.0%, $0). Other sources account for $10K (100.0%).
Donor Patterns
HOVEY, MEGHANN K's campaign relies heavily on PAC and organizational support, which accounts for 0.0% of total receipts. Key donor sectors include otherSources, grassrootsSignal, raceType. Negative cash position of $740.00 and net cash position of -$11,180.
Spending Analysis
HOVEY, MEGHANN K has spent $10K, which is 107.6% of total receipts. High burn rate of 108% suggests rapid spending without adequate funding.
Competitiveness Assessment
HOVEY, MEGHANN K's financial position is weak for a House race in Florida. The campaign has raised $10K with $740 remaining. No contributions from individuals, PACs, or parties, relying solely on other sources.
Key Donors Analysis
Key sectors and interest groups represented among donors include otherSources, grassrootsSignal, raceType. Low cash on hand and high expenses indicate financial instability.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| otherSources | Sector | $0 |
| grassrootsSignal | Sector | $0 |
| raceType | Sector | $0 |
Race Opponents: 2024 House Florida District 02
The following candidates are competing in the same 2024 House race in Florida, District 02 as HOVEY, MEGHANN K.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| HOVEY, MEGHANN K (current) | Democratic | $10K | $10K |
| DUNN, NEAL PATRICK MD, FACS | Republican | $1.6M | $1.8M |
| BAILEY, HUY-YEN CAM MS. | Democratic | $47K | $309.56 |
| WOODWARD, RHONDA | Republican | $20K | $20K |
HOVEY, MEGHANN K has raised less than all opponents in this race. The fundraising advantage ratio is 0.0:1.
Other Candidates in Florida
Top-raising federal candidates in Florida during the 2024 election cycle.
- SCOTT, RICK SEN (REP, Senate) -- $46.6M raised
- MUCARSEL-POWELL, DEBBIE (DEM, Senate) -- $36.6M raised
- GAETZ, MATT (REP, House) -- $6.8M raised
- DONALDS, BYRON (REP, House) -- $6.6M raised
- FROST, MAXWELL ALEJANDRO (DEM, House) -- $4.1M raised
Democratic House Race in Florida
HOVEY, MEGHANN K is competing as a Democratic candidate for U.S. House of Representatives in Florida, District 02. 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 Florida, visit the Florida campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has HOVEY, MEGHANN K raised?
HOVEY, MEGHANN K has raised a total of $10K for the 2024 election cycle. Of that, $10K has been spent, leaving $740 cash on hand. Individual contributions account for $0, PAC contributions for $0, and party committee transfers for $0.
Where does HOVEY, MEGHANN K's campaign money come from?
HOVEY, MEGHANN K's campaign is funded by individual contributions (0.0%), PAC contributions (0.0%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has HOVEY, MEGHANN K spent?
HOVEY, MEGHANN K has spent $10K of $10K raised, which is 107.6% of total receipts. The campaign has $740 remaining cash on hand.
How much cash does HOVEY, MEGHANN K have on hand?
HOVEY, MEGHANN K currently has $740 in cash on hand. This represents the difference between $10K raised and $10K spent during the 2024 cycle.
What party is HOVEY, MEGHANN K affiliated with?
HOVEY, MEGHANN K is running as a Democratic candidate for House in Florida. The campaign has raised $10K for the 2024 election cycle.
What is HOVEY, MEGHANN K's campaign burn rate?
HOVEY, MEGHANN K's campaign has a burn rate of 108%, having spent $10K of $10K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is HOVEY, MEGHANN K financially competitive?
HOVEY, MEGHANN K's financial position is weak for a House race. The campaign has raised $10K with $740 cash on hand. 100% of funds come from other sources, indicating a lack of grassroots support.
What does HOVEY, MEGHANN K's donor base reveal about their coalition?
HOVEY, MEGHANN K's funding profile is mixed-source. Negative cash position of $740.00 and net cash position of -$11,180.
What are the financial strengths and risks for HOVEY, MEGHANN K's campaign?
High burn rate of 108% suggests rapid spending without adequate funding.
How does HOVEY, MEGHANN K's fundraising compare to similar campaigns?
No contributions from individuals, PACs, or parties, relying solely on other sources.
What should voters know about HOVEY, MEGHANN K's campaign finances?
Low cash on hand and high expenses indicate financial instability.
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 HOVEY, MEGHANN K: FEC.gov -- HOVEY, MEGHANN K
Related Candidates and Resources
- Florida Campaign Finance -- Explore all candidates running in Florida
- 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 HOVEY, MEGHANN K's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.