MANCHESTER, N.H. - The Romney campaign raised $24 million during the fourth quarter, it announced today, surpassing the amount of money raised in the previous quarters of the campaign.
According to the campaign, it has $19 million in cash on hand as it heads into the crucial South Carolina primary after victories in both the Iowa caucuses and the New Hampshire primary.
"Mitt Romney's growing financial support is representative of the growing momentum for our campaign," said Spencer Zwick, the campaign's national finance chairman, in a written statement.
Zwick was on hand during Romney's victory party in Manchester Tuesday night, as were several of his top level fundraisers. The campaign was also scheduled to hold a national finance meeting this morning at the campaign's Boston headquarters.
The $24 million comes after the campaign raised $18 million in the second quarter $14 million in the third quarter. The campaign has received a total of $56 million in primary contributions during 2011. Romney contributed none of his personal fortune to his drive for the Republican nomination.
Contributions were received from all 50 states and Washington D.C., and no general election money was collected, according to the campaign.
The full financial disclosure report has not yet be made public by the Federal Election Commission.
Former Speaker of the House Newt Gingrich told ABC News last month that he expected to have raised $9 million in the fourth quarter, but would also have debt.
The Ron Paul campaign reported earlier this week that it raised $13 million for the fourth quarter.
Former Sen. Rick Santorum has not released his fundraising numbers yet, but has seen a surge in support after his close second place finish in Iowa, raking in $2 million in just two days.