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So who owns it? Do they make a lot of money off of it? How much?
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The answer to your question can be found in microseconds on Google. Search "private corporation federal reserve" yields 27.5 million hits. Technically, it is a federally charted corporation, and the President appoints the chairman, but the shareholders are all the national banks in proportion to their capital. The US government does not own a single share of stock.

If anyone tries to make you believe the Fed is controlled by the US government, just pay attention to how the Congress and the MSM fawn over the opinion and statements of the Board of Governors or the color of the Chairman's tie, or if he is a "inflation hawk" or whatever. The Boy Scouts are a federally charted corporation and nobody pretends the government controls them! Neither does anyone except the shareholders control the Federal Reserve, and the shareholders are the National Banks.

How much does the Fed earn? Hey! it prints money, legally. So what kind of question is that? The Fed earns as much as it wants to. If it does not earn enough, it can just create money out of thin air until it has enough. When the Fed hikes the "prime rate", it earns interest on the money, which it takes to pay its bills and fly its executives around in their jets. Needless to say, the Fed finds it easy to have needs to spend money on. It proudly states that it returns any excess to the US Treasury.

So, when you hear on the news that the Fed raised interest rates, think of it as another form of taxation.

The curious question natural flows: what if the US Government wanted to buy the Fed back? Say it wanted to force the National Banks to disgorge their shares. Recall that in 1934 Roosevelt ordered all citizens to exchange all their personal gold for federal reserve notes! Many have said this amounted to a bankruptcy liquidation of the US economy to the favor of the shareholders in the corporation that issued those notes. If so, how would you arrive at a fair price? What is the printing press that legally can be used to print an infinite number of dollars worth????

Yet, for any national bank that is listed on a public stock exchange, Sarbanes-Oxley requires them to mark to market any assets they hold. How can the national banks comply with this requirement? They cannot. In truth, there will be endless obstacles and delays placed in the way of any politician who wants the Federal government to acquire full control of the Federal Reserve corporation. It won't happen- we fought a civil war in the 1860s over such matters and the forces who favored being able to freely print money won.