WASHINGTON—Donald Trump crushed his opponents in nearly every Republican primary this year. But when it comes to the money race, President Biden has a big head start on his predecessor.

       In February, Biden’s campaign apparatus said it brought in more than $53 million, leaving it with more than $155 million on hand at the end of the month. Trump’s operation by comparison reported raising $39.3 million—with $74.4 million in the bank—across his campaign committee, the Republican National Committee, a supportive super PAC and a leadership PAC, which has been drained by shelling out more than $53 million in legal-related expenses since early last year.

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