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HD-48: Follow the money

Campaign finance in this race · NC State Board of Elections filings, this cycle (2025-26)
Pierce (D) $118K cash$39K cash Carter (R)
Pierce holds 3.0x the cash on hand. Raised this cycle: Pierce $95K / Carter $74K.
GE
Garland E. Pierce
Democrat
Through 2026 Q2 · filed Jul 10, 2026
Raised
$95K
Spent
$27K
Cash
$118K
Where it comes from
Individuals 38%PACs 35%Party 9%Other 17%
All filings at NCSBE
RC
Ralph Carter
Republican
Through 2026 Q2 · filed Jul 9, 2026
Raised
$74K
Spent
$36K
Cash
$39K
Where it comes from
Individuals 91%PACs 8%Other 1%
All filings at NCSBE

The details

MetricPierce (D)Carter (R)
Latest filing2026 Q2 (Jul 10)2026 Q2 (Jul 9)
Total raised$95,173$73,914
Total spent$27,330$36,193
Cash on hand$117,884$38,827
Where the money comes from
Individuals38%91%
PACs35%8%
Candidate committees0%0%
Party9%0%
Small-dollar (<$100)3%0%
Itemized donors9464

“Raised” is money brought in since this cycle began (Jan. 1, 2025). “Cash on hand” is the committee's own reported ending balance, which can include money carried over from an earlier cycle, or run negative if the committee has outstanding debt.

Source: NC State Board of Elections (cf.ncsbe.gov) · committee disclosure reports
Data as of October 29, 2026 · campaign finance last refreshed August 20, 2026
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