Black Lives Matter PAC siphoned away almost all of its cash reserves during the first three months of 2022, with the largest chunk of funds going to a firm owned by a BLM board member.
BLM PAC ended March with just $19,750 in the bank after raising $80,000 and spending $116,000 during the first quarter, according to a filing submitted to the Federal Election Commission on Friday. The group has burned through nearly 94% of its available cash reserves since the start of 2021, when it controlled a $305,000 war chest.
