Presumptive Republican Party nominee Mitt Romney raised $101 million in campaign contributions in July, according to a statement issued Monday by the Romney Victory campaign, marking the third month in a row that the GOP presidential candidate raised more than President Barack Obama.

"Once again we see that for many people, this is more than a campaign, it is a cause," said the campaign's finance chair Spencer Zwick said in the announcement.

About $26 million came from contributions of $250 or less. Six percent of the donors provided the rest.

Romany, the Republican National Committee and the state GOP parties have a total of $186 million in cash on hand. Obama's July figures aren't out yet.

Obama's campaign coffer is much larger, but the GOP will spend more money when the Republican-aligned super PACs spending is included.