Bernie Sanders’ fundraising in 4th quarter tops $33 million

The presidential candidates have until January 31 to report such details to federal regulators.

WASHINGTON (AP) – Vermont Sen. That’s some big momentum for Sanders considering that Clinton had beaten him by $35 million in the nine months before that. The Clinton campaign had previously set out a goal of more than $100 million for its primary in 2015.

“This people-powered campaign is revolutionizing American politics”, said Jeff Weaver, Sanders’ campaign manager. “What we are showing is in that we can run a strong national crusade without a super PAC and without depending on millionaires and billionaires for their support”. “We are making history and we are proud of it”.

New Hampshire is host to the nation s first presidential primary on February 9.

Sanders entered 2016 with $28.4 million for his primary campaign, compared with almost $38 million the Clinton campaign said it had. Tad Devine, his top strategist, said that the operation had hoped to bring in between $40 and $50 million by the end of 2015. He stepped up his expenditures during the fourth quarter when he began television advertising and increased the size of his paid staff in early states.

The average donation to the Sanders campaign in the last three months was $27, which will allow Sanders to tap supporters again, as the campaign said only a few hundred have reached the donation limit. Aides told CNN that Sanders received over 2.5 million donations in 2015 from 1 million different individuals. The fundraising for the DNC and state parties is aimed at helping Clinton in the general election should she win her party’s nomination.

Sanders raised almost as much as Clinton in the final quarter of 2015 despite a very different approach.

A bulk of Clinton’s haul came from fundraisers she or her husband, former President Bill Clinton, personally headlined. Over 760 of Clinton’s donors listed their occupation as CEO or another form of chief executive, according to figures obtained by CNBC in October.

Ninety four per cent of donations to this campaign in the last quarter were in increments of $100 or less, Mook said.