Drop Site has not disclosed funding from the Open Society Foundations, of which Soros’s son Alex took control in 2022. In its fundraising pitches,
Drop Site requests donations through Social Security Works Education Fund, an obscure nonprofit that aims to "educate the general public, media, and policy-makers about the benefits of protecting social security benefits." The organization serves as the "fiscal sponsor" for
Drop Site, allowing donors to make tax-deductible contributions to the outlet, which does not have tax-exempt status from the IRS.
The Open Society Foundations funneled its contribution to
Drop Site through the Social Security Works Education Fund, earmarked "to support establishing a
Drop Site News MENA desk to to [sic] bridge a critical information gap in independent journalism."
Drop Site has provided little coverage of Social Security, or any other domestic entitlement programs. Instead, its bread-and-butter has been coverage of the Israel-Hamas war, from a decidedly anti-Israel viewpoint.