Rick Santorum raises just $582,000 for presidential campaign

The long-shot nature of Rick Santorum’s presidential bid was underscored Friday when the former U.S. senator from Pennsylvania revealed his fund-raising haul from the last quarter: a paltry $582,000.

Santorum spent $353,000, leaving him with just $229,000 on hand, according to documents his campaign filed with the Federal Election Commission.

Just under a quarter of the donations he received were in increments less than $200. Not surprisingly, the largest share of his money -- $161,000 -- came from Pennsylvania. He only raised $4,250 in the key nominating state of Iowa and $7,550 in New Hampshire, which holds the first contest of the presidential election season.

More than half of Santorum’s expenditures in the last quarter went to pay consulting fees -- $178,739 over three months.

For the second quarter, Mitt Romney led the GOP field of presidential hopefuls with more than $18 million raised. Ron Paul, the Texas congressman, brought in $4.5 million, followed by former Minnesota Gov. Tim Pawlenty ($4.2 million) and former Utah Gov. Jon Huntsman ($4.1 million).

Minnesota Rep. Michele Bachmann’s campaign said it was still tabulating her fund-raising totals.

President Obama’s reelection campaign announced that it had raised $86 million with the Democratic National Committee to support his candidacy.