DRAKE, PHILLIP JOSEPH -- IND Candidate for President of the United States
Grassroots Dominant but Financially Strained
DRAKE, PHILLIP JOSEPH is a IND candidate running for President of the United States in US, District 00 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 DRAKE, PHILLIP JOSEPH's 2024 campaign.
- Candidate Name: DRAKE, PHILLIP JOSEPH
- Party Affiliation: IND
- Office Sought: President of the United States
- State: US
- District: 00
- Election Cycle: 2024
- FEC Candidate ID: P40012734
- Spending Rate: 572% of funds raised have been spent
AI Funding Analysis
DRAKE, PHILLIP JOSEPH has raised $153K for the 2024 President race in US, with $875K spent and $722K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 0.0%. Grassroots funding is the primary source, but the candidate is PAC/org-reliant. High burn rate and negative cash-to-spent ratio indicate financial strain. Lacks individual, PAC, or party contributions, relying solely on other sources. Strong grassroots funding but weak overall financial health.
Campaign Fundraising Summary
DRAKE, PHILLIP JOSEPH has raised $153K for their 2024 Presidential campaign in US. The campaign has spent $875K (572% of total raised) and currently holds $722K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $153K |
| Total Spent | $875K |
| Cash on Hand | $722K |
| Spending Rate | 572% |
With a spending rate of 572%, DRAKE, PHILLIP JOSEPH'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 DRAKE, PHILLIP JOSEPH'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 | $153K | 100% |
Individual & Other Contributions represent the largest funding category at $153K (100% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
DRAKE, PHILLIP JOSEPH'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 $153K (100.0%).
Donor Patterns
DRAKE, PHILLIP JOSEPH's campaign relies heavily on PAC and organizational support, which accounts for 0.0% of total receipts. Key donor sectors include otherSources, burnRatePct, cashToSpentRatio. Burn rate is extremely high at 572%.
Spending Analysis
DRAKE, PHILLIP JOSEPH has spent $875K, which is 572.0% of total receipts. Negative cash-to-spent ratio suggests spending more than raising.
Competitiveness Assessment
DRAKE, PHILLIP JOSEPH's financial position is weak for a President race in US. The campaign has raised $153K with $722K remaining. No individual, PAC, or party contributions, indicating limited donor base.
Key Donors Analysis
Key sectors and interest groups represented among donors include otherSources, burnRatePct, cashToSpentRatio. Primary funding source is other, likely non-grassroots, sources.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| otherSources | Sector | $0 |
| burnRatePct | Sector | $0 |
| cashToSpentRatio | Sector | $0 |
Race Opponents: 2024 Presidential US District 00
The following candidates are competing in the same 2024 Presidential race in US, District 00 as DRAKE, PHILLIP JOSEPH.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| DRAKE, PHILLIP JOSEPH (current) | IND | $153K | $875K |
| TRUMP, DONALD J. | Republican | $3.9M | $832K |
| BIDEN, JOSEPH R JR | Democratic | $1.2B | $1.2B |
| CARTER, WILLIE FELIX | Democratic | $14K | $13K |
| MALDONADO, JOSEPH A | UNA | $16K | $15K |
| CHRISTIE, CHRIS | Republican | $7.6M | $7.6M |
| FOX, CHERUNDA LYNN | IND | $112K | $112K |
| LESPERANCE, ALICIA MARIE | W | $5K | $5K |
| EUZARRAGA, PIERRE ANDRE MR. | UNK | $2.4M | $2.4M |
| RAND, RACHEL LYDIA | Democratic | $55K | $55K |
| FIORI, RACHEL | W | $11K | $9K |
| BOWMAN, JAY | NNE | $13K | $12K |
| SADLER, KALEB MICHEAL | Republican | $150K | $0 |
| TANNIRU, JOSEPH KISHORE | SEP | $60K | $58K |
| RANDAZZO, VINNY | UN | $6K | $6K |
| BELL, DOUGLAS | IND | $2K | $2K |
| BELL, DOUGLAS MR | IND | $2K | $2K |
| TERRY, RANDAL ALLAN MR. | UN | $611K | $620K |
| BUSS, JOHNNY HATTEN | IND | $1.2M | $1.2M |
| CLEMENT, CHRISTINA LOREN REV DR LLC | Republican | $16K | $0 |
| STODDEN, WILLIAM P. DR. | SOC | $5K | $5K |
DRAKE, PHILLIP JOSEPH has raised less than all opponents in this race. The fundraising advantage ratio is 0.0:1.
Other Candidates in US
Top-raising federal candidates in US during the 2024 election cycle.
- BIDEN, JOSEPH R JR (DEM, President) -- $1.2B raised
- HARRIS, KAMALA (DEM, President) -- $1.2B raised
- KENNEDY, ROBERT, F. JR., SHANAHAN, NICOLE (IND, President) -- $67.3M raised
- RAMASWAMY, VIVEK (REP, President) -- $66.2M raised
- HALEY, NIKKI (REP, President) -- $58.4M raised
IND Presidential Race in US
DRAKE, PHILLIP JOSEPH is competing as a IND candidate for President of the United States in US, District 00. Presidential campaigns are the most expensive and high-profile elections in American politics, involving nationwide fundraising, advertising, and voter outreach operations.
To explore other candidates running in US, visit the US campaign finance page. You can also browse all IND candidates or view all Presidential races nationwide.
Frequently Asked Questions
How much has DRAKE, PHILLIP JOSEPH raised?
DRAKE, PHILLIP JOSEPH has raised a total of $153K for the 2024 election cycle. Of that, $875K has been spent, leaving $722K cash on hand. Individual contributions account for $0, PAC contributions for $0, and party committee transfers for $0.
Where does DRAKE, PHILLIP JOSEPH's campaign money come from?
DRAKE, PHILLIP JOSEPH'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 DRAKE, PHILLIP JOSEPH spent?
DRAKE, PHILLIP JOSEPH has spent $875K of $153K raised, which is 572.0% of total receipts. The campaign has $722K remaining cash on hand.
How much cash does DRAKE, PHILLIP JOSEPH have on hand?
DRAKE, PHILLIP JOSEPH currently has $722K in cash on hand. This represents the difference between $153K raised and $875K spent during the 2024 cycle.
What party is DRAKE, PHILLIP JOSEPH affiliated with?
DRAKE, PHILLIP JOSEPH is running as a Independent candidate for President in US. The campaign has raised $153K for the 2024 election cycle.
What is DRAKE, PHILLIP JOSEPH's campaign burn rate?
DRAKE, PHILLIP JOSEPH's campaign has a burn rate of 572%, having spent $875K of $153K raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is DRAKE, PHILLIP JOSEPH financially competitive?
DRAKE, PHILLIP JOSEPH's financial position is weak for a President race. The campaign has raised $153K with $722K cash on hand. 100% of contributions come from other sources, not individuals, PACs, or parties.
What does DRAKE, PHILLIP JOSEPH's donor base reveal about their coalition?
DRAKE, PHILLIP JOSEPH's funding profile is grassroots-driven. Burn rate is extremely high at 572%.
What are the financial strengths and risks for DRAKE, PHILLIP JOSEPH's campaign?
Negative cash-to-spent ratio suggests spending more than raising.
How does DRAKE, PHILLIP JOSEPH's fundraising compare to similar campaigns?
No individual, PAC, or party contributions, indicating limited donor base.
What should voters know about DRAKE, PHILLIP JOSEPH's campaign finances?
Primary funding source is other, likely non-grassroots, sources.
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 DRAKE, PHILLIP JOSEPH: FEC.gov -- DRAKE, PHILLIP JOSEPH
Related Candidates and Resources
- US Campaign Finance -- Explore all candidates running in US
- IND Candidates -- View all IND candidates and their fundraising
- Presidential Races -- Browse all Presidential 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 DRAKE, PHILLIP JOSEPH's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.