Rep. Robert Garcia (D-CA)
House · Democrat (most recent term) · CA-42 · in Congress 2023–present · Bioguide ID G000598
Party history: D 2023–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2021) | 2021 | −$184,999 | −$107,501 | −$30,003 |
| (b) Latest net worth estimate | 2025 | −$48,999 | −$24,500 | −$1 |
| (c) Estimated gain / loss, nominal dollars, 2021 → 2025 (4 years spanned) | 2021–2025 | −$18,996 | +$83,001 | +$184,998 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2021 | $32,500 | $140,002 | −$107,501 | −$184,999 … −$30,003 | computed |
| 2022 | $65,001 | $140,002 | −$75,000 | −$169,998 … $19,997 | computed |
| 2023 | $16,001 | $140,002 | −$124,000 | −$197,998 … −$50,003 | computed |
| 2024 | $8,000 | $65,001 | −$57,000 | −$98,999 … −$15,002 | computed |
| 2025 | $8,000 | $32,500 | −$24,500 | −$48,999 … −$1 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021→2022 | $32,500 | $65,001 | $201 | $0 | $0 | +100.6% | +100.0% … +100.8% | -62% … +263% | 100% | excluded; not eligible: traced prior-year value below $50,000 |
| 2022→2023 | $65,001 | $8,000 | $100 | $0 | $0 | -87.5% | -96.7% … -84.8% | -152% … -23% | 100% | counted; single position drives the result (range jump) |
| 2023→2024 | $8,000 | $8,000 | $100 | $0 | $0 | +1.3% | +0.1% … +1.3% | -175% … +177% | 50% | excluded; not eligible: traced prior-year value below $50,000 |
| 2024→2025 | $8,000 | $8,000 | $100 | $0 | $0 | +1.3% | +0.1% … +1.3% | -175% … +177% | 100% | excluded; not eligible: traced prior-year value below $50,000 |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2021 | 10054922 | House amendment | 6/21/2023 | 4 | 0 | 10054922.pdfbf403536c1eaa5d9d56083244736985ba3f2d76566c38e77edfd9c26d7903678 |
| 2022 | 10054921 | House amendment | 6/21/2023 | 5 | 0 | 10054921.pdf127969ed10fface43c1cd8effa048bd4cb763c308d7cbf584dc1523ad8f0aff8 |
| 2023 | 10072128 | House amendment | 8/13/2025 | 5 | 0 | 10072128.pdfceee43ed9748c7e80f36dea4e81023db9711f463c5be78b5a565b28c55773a27 |
| 2024 | 10072028 | House annual | 8/8/2025 | 4 | 0 | 10072028.pdfda39baa90db65d098f3da024f7358162d42e5db83c976116b6651552eb4f7144 |
| 2025 | 10076607 | House annual | 8/11/2026 | 3 | 0 | 10076607.pdfdfb6cb2270e413a89e51af49250b3932cd2f1f3ce59c3007958f5a8905c1d8df |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Chase Bank Account [BA] | JT | held | $15,001 - $50,000; $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).