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Dean Phillips raised $1M in the last quarter of 2023

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“Despite an onslaught of opposition by the Democratic Party, Dean Phillips has built a nationwide movement,” said Phillips’ campaign manager, Zach Graumann, in a statement. “We are building a campaign that will see us not just through New Hampshire, but through Super Tuesday all the way to the Democratic convention. We are just getting started in this race.”

But it’s still a modest sum for a little-known challenger looking to unseat a sitting president.

The team declined to say how much Phillips, the wealthy heir to a liquor fortune, contributed to his own campaign on top of that. Phillips
said in November
that he was loaning his campaign about $2 million.

Phillips has rooted his long-shot bid in New Hampshire, where Biden is leaving his name off the ballot in the state’s unsanctioned primary on Jan. 23. It will be the Democrats’ first presidential nominating contest, though officials have said that no delegates will be awarded to the winner there since it is in violation of the national party’s rules. South Carolina will be the first state where delegates are awarded, a decision driven by Biden.

Phillips is badly trailing Biden in polls in New Hampshire, but Biden’s allies in the state aren’t leaving anything to chance. They have set up a super PAC and grassroots operation aimed at encouraging voters to write in Biden’s name in this month’s primary there.

Phillips launched his campaign in late October, and the campaign finance reports due at the end of this month — for the quarter covering the months of October, November and December — will be the first look at Phillips’ ability to attract donors and excite grassroots contributors. Candidates often voluntarily release their topline numbers early in an effort to get attention and support.

Still, the president’s fundraising has swamped Phillips’. Biden, the Democratic National Committee and their allied committees collected about
$72 million in the second quarter
and
$71 million in the third quarter
. Biden has not yet announced how much he raised in the year’s last quarter, though his
campaign said that
it brought in more than $1 million online in the 24 hours after his speech about the anniversary of Jan. 6.

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