Bernie Sanders Campaign Fundraising Still Leads; Spending Is Even Faster The Vermont senator's organization was down to $5.8 million at the end of April as it bought ample ad time in California's TV markets. The campaign spent 43 percent more than it raised that month.
NPR logo Sanders Campaign Still Leads In Fundraising; Its Spending Is Even Higher

Sanders Campaign Still Leads In Fundraising; Its Spending Is Even Higher

Democratic presidential candidate Bernie Sanders addresses a rally Wednesday at the Santa Clara County Fairgrounds in San Jose, Calif. The senator's campaign is intently focused on a big win in the state on June 7, and has poured money into TV ads there. Josh Edelson/AFP/Getty Images hide caption

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Josh Edelson/AFP/Getty Images

Democratic presidential candidate Bernie Sanders addresses a rally Wednesday at the Santa Clara County Fairgrounds in San Jose, Calif. The senator's campaign is intently focused on a big win in the state on June 7, and has poured money into TV ads there.

Josh Edelson/AFP/Getty Images

The Sanders campaign feels the burn rate.

Its cash-on-hand plummeted last month, from $17.5 million in March to just $5.8 million on April 30. The numbers were reported in the campaign's monthly filing at the Federal Election Commission.

The drop followed a sharp fall-off in fundraising. Although Sanders has led Hillary Clinton in fundraising every month this year, April receipts totaled only $26.9 million, versus $46 million in March.

Sanders has poured money onto California's costly TV markets, as he fights for an edge in the June 7 primary. His March fundraising — his strongest this year — barely outpaced his spending. And in April, spending exceeded receipts by 43 percent.

Clinton's FEC report shows April fundraising off 7 percent from March — $25 million versus 26.8 million. But she spent relatively little, $23.9 million, and finished April with $30.2 million available. Her cash on hand has been in the range of $30 million on six of the seven reports filed since the campaign began.

A new microsite launched by the Sanders campaign celebrates its fundraising, which has set records for small-donor contributions. The site says the campaign has 2.4 million donors, and has raised 94 percent of its money online.