CORREA, LOU -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Strong Cash Position
CORREA, LOU is a Democratic candidate running for U.S. House of Representatives in California, District 46 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 CORREA, LOU's 2024 campaign.
- Candidate Name: CORREA, LOU
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: California
- District: 46
- Election Cycle: 2024
- FEC Candidate ID: H6CA46116
- Spending Rate: 75% of funds raised have been spent
AI Funding Analysis
CORREA, LOU has raised $1.4M for the 2024 House race in California, with $1.0M spent and $1.9M cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 70.2%. Primary funding from PACs, low individual contributions. High burn rate and strong cash position. Relying on PAC/org funding rather than grassroots support. Competitive spending but strong cash reserves.
Campaign Fundraising Summary
CORREA, LOU has raised $1.4M for their 2024 House campaign in California. The campaign has spent $1.0M (75% of total raised) and currently holds $1.9M in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $1.4M |
| Total Spent | $1.0M |
| Cash on Hand | $1.9M |
| Spending Rate | 75% |
CORREA, LOU's campaign has spent 75% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $1.9M in cash on hand provides flexibility for future spending.
Funding Sources Breakdown
The following table breaks down where CORREA, LOU'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 | $973K | 70% |
| Other Sources | $412K | 30% |
PAC Contributions represent the largest funding category at $973K (70% 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
CORREA, LOU's campaign is funded by individual contributions (0.0%, $0), PAC contributions (70.2%, $973K), and party committee transfers (0.0%, $0). Other sources account for $412K (29.8%).
Donor Patterns
CORREA, LOU's campaign relies heavily on PAC and organizational support, which accounts for 70.2% of total receipts. Key donor sectors include PACs and organizations, None from individuals, No party contributions. No individual contributions recorded.
Spending Analysis
CORREA, LOU has spent $1.0M, which is 75.1% of total receipts. The campaign maintains a healthy cash reserve of $1.9M. Burn rate is 75%, indicating rapid spending.
Competitiveness Assessment
CORREA, LOU's financial position is strong for a House race in California. The campaign has raised $1.4M with $1.9M remaining. Cash on hand exceeds $1.8 million.
Key Donors Analysis
PAC contributions total $973K. Key sectors and interest groups represented among donors include PACs and organizations, None from individuals, No party contributions. Net cash position is positive at $827,037.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $973K |
| PACs and organizations | Sector | $0 |
| None from individuals | Sector | $0 |
| No party contributions | Sector | $0 |
Race Opponents: 2024 House California District 46
The following candidates are competing in the same 2024 House race in California, District 46 as CORREA, LOU.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| CORREA, LOU (current) | Democratic | $1.4M | $1.0M |
| PAN, DAVID | Republican | $89K | $86K |
CORREA, LOU has raised more than their opponent in this race. The fundraising advantage ratio is 15.6:1.
Other Candidates in California
Top-raising federal candidates in California during the 2024 election cycle.
- SCHIFF, ADAM (DEM, Senate) -- $48.1M raised
- PORTER, KATHERINE (DEM, Senate) -- $32.5M raised
- GARVEY, STEVE (REP, Senate) -- $20.4M raised
- MCCARTHY, KEVIN (REP, House) -- $15.7M raised
- ROLLINS, WILL (DEM, House) -- $12.6M raised
Democratic House Race in California
CORREA, LOU is competing as a Democratic candidate for U.S. House of Representatives in California, District 46. 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 California, visit the California campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has CORREA, LOU raised?
CORREA, LOU has raised a total of $1.4M for the 2024 election cycle. Of that, $1.0M has been spent, leaving $1.9M cash on hand. Individual contributions account for $0, PAC contributions for $973K, and party committee transfers for $0.
Where does CORREA, LOU's campaign money come from?
CORREA, LOU's campaign is funded by individual contributions (0.0%), PAC contributions (70.2%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has CORREA, LOU spent?
CORREA, LOU has spent $1.0M of $1.4M raised, which is 75.1% of total receipts. The campaign has $1.9M remaining cash on hand.
How much cash does CORREA, LOU have on hand?
CORREA, LOU currently has $1.9M in cash on hand. This represents the difference between $1.4M raised and $1.0M spent during the 2024 cycle.
How much PAC money has CORREA, LOU received?
CORREA, LOU has received $973K from political action committees, representing 70.2% of total campaign funds. PAC money is the largest funding source.
What party is CORREA, LOU affiliated with?
CORREA, LOU is running as a Democratic candidate for House in California. The campaign has raised $1.4M for the 2024 election cycle.
What is CORREA, LOU's campaign burn rate?
CORREA, LOU's campaign has a burn rate of 75%, having spent $1.0M of $1.4M raised. The campaign maintains a moderate spending pace.
Is CORREA, LOU financially competitive?
CORREA, LOU's financial position is strong for a House race. The campaign has raised $1.4M with $1.9M cash on hand. 97.26% of contributions came from PACs and organizations.
What does CORREA, LOU's donor base reveal about their coalition?
CORREA, LOU's funding profile is PAC and organization-funded. No individual contributions recorded.
What are the financial strengths and risks for CORREA, LOU's campaign?
Burn rate is 75%, indicating rapid spending.
How does CORREA, LOU's fundraising compare to similar campaigns?
Cash on hand exceeds $1.8 million.
What should voters know about CORREA, LOU's campaign finances?
Net cash position is positive at $827,037.
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 CORREA, LOU: FEC.gov -- CORREA, LOU
Related Candidates and Resources
- California Campaign Finance -- Explore all candidates running in California
- 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 CORREA, LOU's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.