Rep. Andy Kim (D-Moorestown) has expanded his warchest to over $3.5 million in his bid for re-election to a 2nd term in Congress after raising over $1 million during the second quarter of 2020.
Without taking any corporate PAC money, Kim has raised more than $4.3 million since entering Congress last year.
Kim’s warchest has swelled just over the last two weeks of June. He had reported raising $718,433 between April 1 and June 17.
To put Kim’s fundraising prowess in perspective: his predecessor, Rep. Tom MacArthur (R-Toms River), had raised $1.23 million at the same point in the 2016 campaign cycle when he was seeking his second term in Congress. MacArthur’s cash-on-hand was $520,857.
Republicans think they can beat Kim next year for a seat that hasn’t re-elected a Democratic congressman since Nathan Stratton won a second term in 1852, but his warchest dwarfs his GOP opponents.
David Richter, a former construction company executive, and former Burlington County Freeholder Kate Gibbs are locked in an especially bitter Republican primary for the chance to take on Kim.
Both Republicans have struggled to raise money, including Richter, a self-funder who served as CEO of Hill International.
Through June 17, Richter has raised $799,474, including a $600,000 loan he made to his own campaign, and had $206,624 remaining in his campaign account.
Gibbs, a labor leader and former Burlington County freeholder director, has brought in $283,902 since entering the race last fall. That includes a $10,000 personal loan. Her cash-on-hand was $82,308.
A former Obama White House staffer, Kim stopped MacArthur’s bid for a third term in 2018 by 3,973 votes (50%-49%) in what was the closest House race in the state.
As a first-time candidate in the 2018 mid-term elections, Kim raised $6,230,916 – significantly more than MacArthur, who self-funded his first race. He brought in $4,778,480.
New Jersey’s 3rd district has 11,105 more Democrats than Republicans, but Donald Trump won it by six percentage points, 51%-45%.
Democrats won the seat in 2008, when John Adler (D-Cherry Hill) won following the retirement of twelve-term Rep. Jim Saxton (R-Bordentown). Adler lost ex-NFL star Jon Runyan two years later.
MacArthur won the seat in 2014 after Runyan four years in Washington were enough.