HEINRICH, MARTIN -- Democratic Candidate for U.S. Senate
HEINRICH, MARTIN is a Democratic candidate running for U.S. Senate in New Mexico, 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 HEINRICH, MARTIN's 2024 campaign.
- Candidate Name: HEINRICH, MARTIN
- Party Affiliation: Democratic
- Office Sought: U.S. Senate
- State: New Mexico
- District: 00
- Election Cycle: 2024
- FEC Candidate ID: S2NM00088
- Spending Rate: 103% of funds raised have been spent
Campaign Fundraising Summary
HEINRICH, MARTIN has raised $13.2M for their 2024 Senate campaign in New Mexico. The campaign has spent $13.5M (103% of total raised) and currently holds $320K in cash on hand.
| Metric | Amount |
|---|---|
| Total Raised | $13.2M |
| Total Spent | $13.5M |
| Cash on Hand | $320K |
| Spending Rate | 103% |
With a spending rate of 103%, HEINRICH, MARTIN'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 HEINRICH, MARTIN'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 | $10.4M | 79% |
| PAC Contributions | $2.8M | 21% |
Individual & Other Contributions represent the largest funding category at $10.4M (79% of total raised). This funding source contributes the largest share of the campaign's total raised.
Race Opponents: 2024 Senate New Mexico District 00
The following candidates are competing in the same 2024 Senate race in New Mexico, District 00 as HEINRICH, MARTIN.
| Candidate | Party | Total Raised | Total Spent |
|---|---|---|---|
| HEINRICH, MARTIN (current) | Democratic | $13.2M | $13.5M |
| ROBERTS, JOHN THOMAS | Republican | $2K | $2K |
| ROBERTS, JOHN THOMAS | Republican | $2K | $2K |
| DOMENICI, NELLA LOUISE LOUISE | Republican | $7.0M | $6.9M |
| GONZALES, MANUEL MANNY III | Republican | $5K | $5K |
| LUNA, BENJAMIN RALPH #1728 | IDP | $9K | $9K |
| ROSE, JERRY | UN | $3K | $3K |
HEINRICH, MARTIN has raised more than all opponents in this race. The fundraising advantage ratio is 8584.9:1.
Other Candidates in New Mexico
Top-raising federal candidates in New Mexico during the 2024 election cycle.
- VASQUEZ, GABRIEL (DEM, House) -- $7.0M raised
- DOMENICI, NELLA LOUISE LOUISE (REP, Senate) -- $7.0M raised
- HERRELL, STELLA YVETTE (REP, House) -- $4.5M raised
- LEGER FERNANDEZ, TERESA (DEM, House) -- $2.1M raised
- STANSBURY, MELANIE (DEM, House) -- $1.4M raised
Democratic Senate Race in New Mexico
HEINRICH, MARTIN is competing as a Democratic candidate for U.S. Senate in New Mexico, District 00. U.S. Senate races are held every six years on a staggered basis, with each state electing two senators. Senate campaigns tend to be significantly more expensive than House races due to statewide media markets and higher voter populations.
To explore other candidates running in New Mexico, visit the New Mexico campaign finance page. You can also browse all Democratic candidates or view all Senate races nationwide.
Frequently Asked Questions
How much money has HEINRICH, MARTIN raised for their 2024 campaign?
According to FEC filings, HEINRICH, MARTIN has raised a total of $13.2M for their 2024 Senate campaign in New Mexico. Of this amount, $13.5M has been spent, leaving $320K cash on hand. The largest funding source is individual & other contributions at $10.4M.
Who are HEINRICH, MARTIN's biggest donors and funding sources?
HEINRICH, MARTIN's campaign is funded through 2 identified sources. Individual & Other Contributions account for the largest share at $10.4M (79% of total raised). PAC contributions total $2.8M, indicating support from organized political action committees. Full donor details are available in FEC filings.
What party does HEINRICH, MARTIN belong to?
HEINRICH, MARTIN is running as a Democratic candidate for U.S. Senate in New Mexico, District 00. The Democratic Party has not made direct contributions to this campaign as of the latest filing.
How does HEINRICH, MARTIN's fundraising compare to other Senate candidates?
HEINRICH, MARTIN has raised $13.2M for their 2024 Senate race. Campaign fundraising varies significantly by office type, state, and competitiveness of the race. Senate races are typically more expensive than House races, with competitive seats often raising $10M-$50M or more. Visit the Senate races page to compare candidates.
Where does the campaign finance data for HEINRICH, MARTIN come from?
All campaign finance data shown on ReadTheDonation is sourced directly from the Federal Election Commission (FEC). Federal candidates are required by law to disclose their campaign contributions and expenditures through periodic filings with the FEC. These filings are public record and available at fec.gov. ReadTheDonation processes this raw data and presents it in an accessible format with AI-powered analysis.
What is the spending rate for HEINRICH, MARTIN's campaign?
HEINRICH, MARTIN's campaign has spent $13.5M of the $13.2M raised, representing a spending rate of 103%. This high spending rate suggests an actively competitive campaign that is deploying most of its resources. The campaign currently has $320K cash on hand (2% of total raised).
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 HEINRICH, MARTIN: FEC.gov -- HEINRICH, MARTIN
Related Candidates and Resources
- New Mexico Campaign Finance -- Explore all candidates running in New Mexico
- Democratic Candidates -- View all Democratic candidates and their fundraising
- Senate Races -- Browse all Senate 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 HEINRICH, MARTIN's data directly at FEC.gov
Data sourced from the Federal Election Commission. This is informational only, not endorsement of any candidate. AI-generated analysis for educational purposes.