Why is Rick Perry broke? Because his 2012 donors prefer Ted Cruz.

Perry raised just over $1.1 million in the second quarter of 2015, meaning Cruz has brought in almost as much from ex-Perry donors as Perry raised in total in the first half of the year. Perry raised more than $20.5 million in his 2012 run but dropped out just before the South Carolina primary.

Cruz’s financial haul among Perry donors could be even larger than the stats show. Our analysis matched names and zip codes from the Federal Election Commission’s donation records across campaigns; typos, name changes, and moving all could have caused shared donors’ records not to match. The analysis also omits small donors who gave less than $200, since campaigns aren’t required to itemize and report those donations.

Perry’s campaign did not respond to questions about his fundraising.

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