SHERRILL, MIKIE -- Democratic Candidate for U.S. House of Representatives
PAC-Driven Fundraising with Limited Individual Support
SHERRILL, MIKIE is a Democratic candidate running for U.S. House of Representatives in New Jersey, District 11 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 SHERRILL, MIKIE's 2024 campaign.
- Candidate Name: SHERRILL, MIKIE
- Party Affiliation: Democratic
- Office Sought: U.S. House of Representatives
- State: New Jersey
- District: 11
- Election Cycle: 2024
- FEC Candidate ID: H8NJ11142
- Spending Rate: 110% of funds raised have been spent
AI Funding Analysis
SHERRILL, MIKIE has raised $4.6M for the 2024 House race in New Jersey, with $5.0M spent and $184K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 19.2%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. High burn rate, suggesting rapid spending without substantial grassroots support. Net negative cash position, indicating financial strain.
Campaign Fundraising Summary
SHERRILL, MIKIE has raised $4.6M for their 2024 House campaign in New Jersey. The campaign has spent $5.0M (110% of total raised) and currently holds $184K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $4.6M |
| Total Spent | $5.0M |
| Cash on Hand | $184K |
| Spending Rate | 110% |
With a spending rate of 110%, SHERRILL, MIKIE'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 SHERRILL, MIKIE'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 | $3.7M | 81% |
| PAC Contributions | $874K | 19% |
Individual & Other Contributions represent the largest funding category at $3.7M (81% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
SHERRILL, MIKIE's campaign is funded by individual contributions (0.0%, $0), PAC contributions (19.2%, $874K), and party committee transfers (0.0%, $0). Other sources account for $3.7M (80.8%).
Donor Patterns
SHERRILL, MIKIE's campaign relies heavily on PAC and organizational support, which accounts for 19.2% of total receipts. Key donor sectors include PACs, Organizations, No individual donors. High percentage of funding from PACs (19%).
Spending Analysis
SHERRILL, MIKIE has spent $5.0M, which is 109.5% of total receipts. Cash on hand stands at $184K. Net negative cash position (-$4,807,605.38).
Competitiveness Assessment
SHERRILL, MIKIE's financial position is weak for a House race in New Jersey. The campaign has raised $4.6M with $184K remaining. Burn rate of 110%, indicating rapid spending.
Key Donors Analysis
PAC contributions total $874K. Key sectors and interest groups represented among donors include PACs, Organizations, No individual donors. Primarily reliant on organizational contributions.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $874K |
| PACs | Sector | $0 |
| Organizations | Sector | $0 |
| No individual donors | Sector | $0 |
Race Opponents: 2024 House New Jersey District 11
The following candidates are competing in the same 2024 House race in New Jersey, District 11 as SHERRILL, MIKIE.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| SHERRILL, MIKIE (current) | Democratic | $4.6M | $5.0M |
| SAUERS, JOHN | Republican | $5K | $4K |
| BELNOME, JOSEPH | Republican | $235K | $235K |
| BARSOOM, RAAFAT | Republican | $22K | $22K |
SHERRILL, MIKIE has raised more than all opponents in this race. The fundraising advantage ratio is 892.9:1.
Other Candidates in New Jersey
Top-raising federal candidates in New Jersey during the 2024 election cycle.
- KIM, ANDY (DEM, Senate) -- $12.4M raised
- MENENDEZ, ROBERT (IND, Senate) -- $11.0M raised
- GOTTHEIMER, JOSH (DEM, House) -- $10.2M raised
- ALTMAN, SUSAN COPIUS (DEM, House) -- $6.3M raised
- KEAN, THOMAS H. JR. (REP, House) -- $6.0M raised
Democratic House Race in New Jersey
SHERRILL, MIKIE is competing as a Democratic candidate for U.S. House of Representatives in New Jersey, District 11. 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 Jersey, visit the New Jersey campaign finance page. You can also browse all Democratic candidates or view all House races nationwide.
Frequently Asked Questions
How much has SHERRILL, MIKIE raised?
SHERRILL, MIKIE has raised a total of $4.6M for the 2024 election cycle. Of that, $5.0M has been spent, leaving $184K cash on hand. Individual contributions account for $0, PAC contributions for $874K, and party committee transfers for $0.
Where does SHERRILL, MIKIE's campaign money come from?
SHERRILL, MIKIE's campaign is funded by individual contributions (0.0%), PAC contributions (19.2%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has SHERRILL, MIKIE spent?
SHERRILL, MIKIE has spent $5.0M of $4.6M raised, which is 109.5% of total receipts. The campaign has $184K remaining cash on hand.
How much cash does SHERRILL, MIKIE have on hand?
SHERRILL, MIKIE currently has $184K in cash on hand. This represents the difference between $4.6M raised and $5.0M spent during the 2024 cycle.
How much PAC money has SHERRILL, MIKIE received?
SHERRILL, MIKIE has received $874K from political action committees, representing 19.2% of total campaign funds. PAC money is the largest funding source.
What party is SHERRILL, MIKIE affiliated with?
SHERRILL, MIKIE is running as a Democratic candidate for House in New Jersey. The campaign has raised $4.6M for the 2024 election cycle.
What is SHERRILL, MIKIE's campaign burn rate?
SHERRILL, MIKIE's campaign has a burn rate of 110%, having spent $5.0M of $4.6M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is SHERRILL, MIKIE financially competitive?
SHERRILL, MIKIE's financial position is weak for a House race. The campaign has raised $4.6M with $184K cash on hand. No individual contributions recorded.
What does SHERRILL, MIKIE's donor base reveal about their coalition?
SHERRILL, MIKIE's funding profile is PAC and organization-funded. High percentage of funding from PACs (19%).
What are the financial strengths and risks for SHERRILL, MIKIE's campaign?
Net negative cash position (-$4,807,605.38).
How does SHERRILL, MIKIE's fundraising compare to similar campaigns?
Burn rate of 110%, indicating rapid spending.
What should voters know about SHERRILL, MIKIE's campaign finances?
Primarily reliant on organizational contributions.
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 SHERRILL, MIKIE: FEC.gov -- SHERRILL, MIKIE
Related Candidates and Resources
- New Jersey Campaign Finance -- Explore all candidates running in New Jersey
- 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 SHERRILL, MIKIE's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.