The Trump campaign announced Wednesday that it had raised $130 million in August, leaving it just shy of $300 million total cash on hand as the presidential race enters its final months.

About 98% of the donations were less than $200, with an average gift of $56, the Trump campaign said. The August total was about $8 million less than the $138.7 fundraising total for July, when the former president was nearly assassinated. Trump’s campaign now says it has $295 million cash on hand, a decline from the $327 million at the beginning of August. 

“With Republicans united and a growing number of Independents and disaffected Democrats crossing partisan lines, the Trump-Vance campaign has momentum for the final stretch of the race,” senior Trump campaign adviser Brian Hughes said. “These fundraising numbers from August are a reflection of that movement and will propel President Trump’s America First movement back to the White House so we can undo the terrible failures of Harris and Biden.”

In June, the Trump campaign wiped out President Joe Biden’s cash advantage before Biden dropped out of the race. Since then, Vice President Kamala Harris replaced Biden on July 21 and says she has raised $540 million. 

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Both candidates have focused on crucial swing states like Wisconsin, Michigan, Arizona, and Pennsylvania, where polls show a close race. Those states also have critical Senate races, which Democrats are looking to hold onto their slim majority. 

Republican leadership, which believes the races are winnable, says that they are currently being outspent and out-raised in those battleground races. 

“The only thing preventing us from having a great night in November is the massive financial disparity our party currently faces,” National Republican Senatorial Committee executive director Jason Thielman previously said. “We are on a trajectory to win the majority, but unless something changes drastically in the next six weeks, we will lose winnable seats.”

Sen. Steve Daines (R-MT), head of the NRSC, said at the Republican National Convention in July that he was being kept up at night because “left-wing billionaires are massively outspending us.”