The Republican National Committee raised $6.9 million in January and ended the month with $7.1 million in cash and no debt, the committee will announce shortly.

The RNC is in significantly better financial shape than its Democratic counterpart after not going into any debt at the end of the 2012 presidential campaign. (Most party committees go into at least some debt at the end of the cycle, but the RNC was flush with cash and opted not to.)

The DNC has yet to release January numbers, but it was $21.5 million in debt at the end of 2012, with $4.3 million cash on hand.

“As we work to build and grow the party, we remain committed to spending our money wisely and are grateful to our donors and supporters," RNC Chairman Reince Priebus said. "Grass-roots-level support was especially strong last month, and overall we added more new donors to our rolls than we did in January 2009. Our donor base is now larger this year than it was in 2011."