Former President Trump’s campaign said on Wednesday that they hauled in over $160 million in fundraising in September, in figures shared with Fox News. 

The haul by the former president’s campaign is up from the roughly $130 million that Trump’s various fundraising committees brought in during the month of August. 

Trump faces a large fundraising deficit to Vice President Kamala Harris, with just under five weeks to go until Election Day in November.

The Harris campaign announced last month that it raked in a staggering $361 million in August, nearly triple Trump’s fundraising. 

The Harris campaign has yet to report its September fundraising figures.

The Trump campaign, in revealing its fundraising numbers, said that it had $283.1 million cash-on-hand as of the end of September. That’s down slightly from the $295 million it had in its coffers a month earlier.

The Harris campaign, in its announcement last month, reported $404 million cash-on-hand.

Trump’s team, in releasing their latest figures, showcased their small-dollar grassroots fundraising, saying the average donation they received was $60 and that 96% of their contributions were less than $200.

The Biden campaign and the Democratic National Committee enjoyed a fundraising lead over Trump and the Republican National Committee earlier this year. But Trump and the RNC topped Biden and the DNC by $331 million to $264 million during the second quarter of 2024 fundraising.

Biden enjoyed a brief fundraising surge after his disastrous performance in his late June debate with Trump as donors briefly shelled out big bucks in a sign of support for the 81-year-old president.

But Biden’s halting and shaky debate delivery also instantly fueled questions about his physical and mental ability to serve another four years in the White House and spurred a rising chorus of calls from within his own party for the president to end his bid for a second term. The brief surge in fundraising didn’t last and, by early July, began to significantly slow down. 

Biden bowed out of the 2024 race July 21, and the party quickly consolidated around Harris, who instantly saw her fundraising soar, spurred by small-dollar donations.

When asked about the fundraising deficit, Republican National Committee chair Michael Whatley told Fox News Digital last month that ‘the Democrats have a ton of money. The Democrats always have a ton of money.’

However, he emphasized that ‘we absolutely have the resources that we need to get our message out to all the voters that we’re talking to and feel very comfortable that we’re going to be able to see this campaign through, and we’re going to win on November 5.’

Fundraising, along with polling, is a key metric in campaign politics and a measure of a candidate’s popularity and their campaign’s strength. The money raised can be used – among other things – to hire staff, expand grassroots outreach and get-out-the-vote efforts, pay to produce and run ads on TV, radio, digital and mailers, and for candidate travel.