A line graph from The New York Times showing that Democratic super PACs significantly outpaced Republican super PACs in their share of dark money raised in 2024.

A line graph showing the share of dark money raised by the 50 largest super PACs by party from 2012 to 2024. The blue line representing Democratic super PACs shows a sharp increase from approximately 20% in 2020 to over 40% in 2024, while the red line for Republican super PACs remains relatively flat near 20% during the same period.

Democratic PACs had the largest share of dark money in 2024 Share of dark money raised by the 50 largest super PACs by party 40% Democratic super PACs 30 20 Republican super PACs 10 2012 2016 2020 2024 Source: New York Times analysis of Federal Election Commission data Steven Rich/The New York Times