Overview

• The RNC ended 2023 with just over $8 million in cash on hand and $1.8 million in debt, marking its poorest fundraising performance since 1993.
• Democratic National Committee outperformed the RNC, raising $120 million in 2023 and ending the year with $21 million in cash.
• Internal criticism and concern grow within the GOP over the RNC's financial management and fundraising strategies.
• Trump's campaign, despite the RNC's struggles, managed to raise $188 million last year, with $33 million in cash on hand.
• GOP state parties in critical battlegrounds also face financial difficulties, adding to the challenges for the Republican Party in the 2024 election.