Financial status of both major Texas political parties
 Updated on Sunday, Mar 2, 2025

Here's an excerpt from the article that is relevant to financial status of the Republican and Democrat state parties, the entire article is available at The Texas Voice.

The Texas Democratic Party, Seeking a New Chairman, is Broke

The Texas Democratic Party, reeling after another statewide loss that saw President Trump win traditionally Democratic counties along the Texas-Mexico border, finds itself in a precarious financial position. 

According to campaign finance data reported by the Texas Democratic Party to the Federal Election Commission, the Party’s federal account ended the month of January with $25,861.96 on hand and $113,374.46 in outstanding debts. 

Texas Democrats are also seeking a new leader, with longtime Texas Democratic Party Chairman Gilberto Hinojosa having announced that he will step aside later this month. The State Democratic Executive Committee will meet to elect Hinojosa’s successor on March 29.

Efforts to build Democratic infrastructure in Texas during the most recent election cycle occurred primarily outside of the Texas Democratic Party. Liberal Megadonor George Soros spent over $10.6 million to help Democrats’ efforts in Texas last cycle, donating to organizations such as Planned Parenthood Texas Votes, the Texas Organizing Project PAC, the Texas Majority PAC, and Democratic Party organizations in El Paso, Cameron, and Hidalgo counties. 

The Republican Party of Texas also faced its own share of fundraising woes during the last election, with the Texas GOP falling far short of fundraising and organizational goals set by Republican Party of Texas Chairman Abraham George. 

The Texas Voice previously published an analysis discussing the donors and organizations that funded Republican victories across Texas last year. The biggest spenders included the Judicial Fairness PAC, Texans for Lawsuit Reform, The Texas Defense PAC, Associated Republicans of Texas, and Governor Greg Abbott’s campaign.