According to the article I posted in the other thread, there are 227 Division 1 colleges. And only 22 of them have athletic programs that break even.
No, there are 227 *public* D1 schools. There are lots of private ones, which have different reporting mechanisms. Sadly, we can't FOIA contracts or budgets from private schools, or even a handful of public ones that are protected by state law.
You are correct that most of them are not profitable, but again, given the ancillary bonus potential, most ADs would say that their program could theoretically be successful even if it wasn't profitable.