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House Democrats campaign arm slightly outraised its Republican counterpart last month, pulling in $10.3 million, compared with Republicans $9.9 million.

The two committees have been nearly neck-and-neck in recent months, with Republicans lagging slightly behind. For the first three months of the year, the Democratic Congressional Campaign Committee raised $23.6 millionabout $2 million more than the National Republican Campaign Committee.

Democrats have a more substantial advantage in terms of spending money. The DCCC had $40.2 million in the bank as of March 31, while the NRCC had $31.2 million. Neither committee has any debt.

These numbers come as House Democratscontinue to lead the money chasein the most-contested 2014 House elections, a Wall Street Journal review of fundraising reports of the top candidates in 54 House contests found. Democratic candidates in those races outraised Republicans by about $1 million in the first three months of the year. But a look at fundraising reports at the end of 2013 shows the fundraising gap between the two parties is beginning to narrow: At the end of 2013, Democrats in the same competitive House races had outraised Republicans by more than $10 million.

Despite Democrats consistent fundraising advantage, the party has weak prospects for retaking the House in November. Democrats would need a net gain of 17 seats to claim a House majorityan unlikely prospect.

Senate Democrats campaign arm announced last week thatit had also outraisedits Republican counterpart, by a margin of $1.8 million.

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House Democrats Campaign Arm Outraised Rival in March