PENCE, MIKE -- Republican Candidate for President of the United States
Pence's Campaign Relying Heavily on PACs
PENCE, MIKE is a Republican 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 PENCE, MIKE's 2024 campaign.
- Candidate Name: PENCE, MIKE
- Party Affiliation: Republican
- Office Sought: President of the United States
- State: US
- District: 00
- Election Cycle: 2024
- FEC Candidate ID: P40013435
- Spending Rate: 97% of funds raised have been spent
AI Funding Analysis
PENCE, MIKE has raised $7.2M for the 2024 President race in US, with $6.9M spent and $229K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 0.5%. Pence relies heavily on PACs for funding, with no individual contributions. His cash on hand is minimal, indicating a weak financial position. The majority of funds come from other sources, not direct contributions.
Campaign Fundraising Summary
PENCE, MIKE has raised $7.2M for their 2024 Presidential campaign in US. The campaign has spent $6.9M (97% of total raised) and currently holds $229K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $7.2M |
| Total Spent | $6.9M |
| Cash on Hand | $229K |
| Spending Rate | 97% |
With a spending rate of 97%, PENCE, MIKE'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 PENCE, MIKE'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 | $7.1M | 100% |
| PAC Contributions | $35K | 0% |
Individual & Other Contributions represent the largest funding category at $7.1M (100% of total raised). This funding source contributes the largest share of the campaign's total raised.
AI Funding Analysis
PENCE, MIKE's campaign is funded by individual contributions (0.0%, $0), PAC contributions (0.5%, $35K), and party committee transfers (0.0%, $0). Other sources account for $7.1M (99.5%).
Donor Patterns
PENCE, MIKE's campaign relies heavily on PAC and organizational support, which accounts for 0.5% of total receipts. Key donor sectors include PACs, Other sources, Individuals. PAC contributions account for 34800 out of total raised.
Spending Analysis
PENCE, MIKE has spent $6.9M, which is 96.8% of total receipts. Cash on hand stands at $229K. Other sources account for 99.5% of total raised.
Competitiveness Assessment
PENCE, MIKE's financial position is weak for a President race in US. The campaign has raised $7.2M with $229K remaining. Cash on hand is only 229211.83.
Key Donors Analysis
PAC contributions total $35K. Key sectors and interest groups represented among donors include PACs, Other sources, Individuals. Net cash position is negative, at -6692329.45.
Top Donors
| Donor | Type | Amount |
|---|---|---|
| Political Action Committees | PAC | $35K |
| PACs | Sector | $0 |
| Other sources | Sector | $0 |
| Individuals | 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 PENCE, MIKE.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| PENCE, MIKE (current) | Republican | $7.2M | $6.9M |
| 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 |
PENCE, MIKE has raised more than all opponents in this race. The fundraising advantage ratio is 1.9:1.
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
Republican Presidential Race in US
PENCE, MIKE is competing as a Republican 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 Republican candidates or view all Presidential races nationwide.
Frequently Asked Questions
How much has PENCE, MIKE raised?
PENCE, MIKE has raised a total of $7.2M for the 2024 election cycle. Of that, $6.9M has been spent, leaving $229K cash on hand. Individual contributions account for $0, PAC contributions for $35K, and party committee transfers for $0.
Where does PENCE, MIKE's campaign money come from?
PENCE, MIKE's campaign is funded by individual contributions (0.0%), PAC contributions (0.5%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.
How much has PENCE, MIKE spent?
PENCE, MIKE has spent $6.9M of $7.2M raised, which is 96.8% of total receipts. The campaign has $229K remaining cash on hand.
How much cash does PENCE, MIKE have on hand?
PENCE, MIKE currently has $229K in cash on hand. This represents the difference between $7.2M raised and $6.9M spent during the 2024 cycle.
How much PAC money has PENCE, MIKE received?
PENCE, MIKE has received $35K from political action committees, representing 0.5% of total campaign funds. PAC money is the largest funding source.
What party is PENCE, MIKE affiliated with?
PENCE, MIKE is running as a Republican candidate for President in US. The campaign has raised $7.2M for the 2024 election cycle.
What is PENCE, MIKE's campaign burn rate?
PENCE, MIKE's campaign has a burn rate of 97%, having spent $6.9M of $7.2M raised. The campaign is spending nearly all funds raised, leaving minimal reserves.
Is PENCE, MIKE financially competitive?
PENCE, MIKE's financial position is weak for a President race. The campaign has raised $7.2M with $229K cash on hand. No individual contributions recorded.
What does PENCE, MIKE's donor base reveal about their coalition?
PENCE, MIKE's funding profile is mixed-source. PAC contributions account for 34800 out of total raised.
What are the financial strengths and risks for PENCE, MIKE's campaign?
Other sources account for 99.5% of total raised.
How does PENCE, MIKE's fundraising compare to similar campaigns?
Cash on hand is only 229211.83.
What should voters know about PENCE, MIKE's campaign finances?
Net cash position is negative, at -6692329.45.
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 PENCE, MIKE: FEC.gov -- PENCE, MIKE
Related Candidates and Resources
- US Campaign Finance -- Explore all candidates running in US
- Republican Candidates -- View all Republican 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 PENCE, MIKE's data directly at FEC.gov
AI-generated analysis from FEC public data. Nonpartisan and informational only.