Tammy Murphy raised $4,666,077 for her U.S. Senate campaign before dropping out of the race seven days before the end of the first quarter.
She had brought in $1,462,534 since the start of 2024, less than half of the Q1 haul of her Democratic primary rival, Rep. Andy Kim (D-Moorestown).
As of the end of last month, Murphy had $2,107,232 cash-on-hand. It’s unclear what she will do with her remaining cash.
A Murphy-allied super PAC, Garden State Integrity, had reported raising $996,000 through the end of February, with over $660,000 in the bank.
Murphy had entered the race for indicted incumbent Bob Menendez’s Senate seat on November 15 and raised $3.2 in her first six weeks as a candidate.
Prior to leaving the race, Murphy and her husband, Gov. Phil Murphy, had been planning on self-funding her primary campaign. Sources close to the campaign suggested that the Murphys were prepared to write a $15 million check.
Kim had emerged as a strong candidate and prodigious fundraiser – he raised over $7 million since entering the Senate race in September – and won Democratic conventions in Monmouth, Burlington, Hunterdon, Sussex, Warren, Ocean, Mercer, Atlantic, and Morris.
She appeared to slow down her fundraising efforts as she concentrated on convention season. She scored a massive victory in Bergen County, and won Somerset and Middlesex.
Murphy faced one major political obstacle: the optics of a sitting governor seeking to put his wife in the U.S. Senate.
She was able to secure endorsements from top-tier party leaders, including six House members, legislative leaders, and organization lines in some of the biggest Democratic vote-producing counties. But polling showed her at a substantial disadvantage.
Her exit from the race came five days before U.S. District Court Judge Zahid Quraishi sided with Kim and ordered the abolishment of organization lines in the 2024 primary election.
Murphy’s fundraising report showed refunds of $97,510; some of that could be to donors who wrote maximum checks to the general election campaign. She is showing no unpaid bills.