October 1, 2007

Obama Releases Fundraising Numbers; Has Raised $75M in 2007

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Here are the raw numbers for Obama’s fundraising, snatched from a press advisory email his campaign just sent out:

Third quarter totals:
• Primary dollars raised: at least $19 million
• Overall dollars raised (with general election): at least $20 million
• Number of new donors: over 93,000

Total 2007:
• Primary dollars raised: at least $74.9 million
• Total number of donors: 352,000

It’s that last one that I find most impressive. If Obama has managed to find 352,000 donors from January 1 to September 30, that’s roughly 1,290 new donors every single day.

I’m interested to know what Obama’s cash-on-hand is. He may have raised a whopping $75 million up to this point, but how much does he have left to spend? I’ve placed a call to the Obama press office to find out.

Update: No call back. From other news reports, it looks like they are keeping the cash-on-hand number under wraps.

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

With only days left until December 31, we've raised about half of our $400,000 goal—but we need a huge surge in reader support to close the remaining gap. Whether you've given before or this is your first time, your contribution right now matters.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do. That’s why we need you right now. Please chip in to help close the gap.

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